Consider the following journal entry: Which of the following explanations best describes this journal entry? Multiple Choice The company buys $18,000 of sottware, pays cash of $7,200, and signs a note for $10,800 The company recelves $7,200 in cash and $10,800 in notes payable in exchange for selling $18,000 of software. The company buys $18,000 of software. pays $7,200 cash, and promises to cancel a debt owed to the company in the amount of $10,800. The company sells $18,000 of software, recelves $7,200 in cash, and pays off $10,800 it owes on the software