Cyndy is a sole proprietor of a day care. She wishes to build a new playground and also purchase new toys. She plans on doing this in stages and therefore wants a commercial line of credit. On February 1 , 2023 Cyndy bbtains a commercial line of credit for $100,000 and on March 1,2023 she withdraws $30,000. On April 1,2023 , Cyndy pays back $10,000. Which of the following is the correct reason, and correct journal entry to ecognize when Cyndy obtains the $30,000 withdrawal on March 1, 2023 ? Multiple Choice Cyndy recognizes in her own personal financial records a debit to Cash of $30,000 and credit to Notes Payable $30,000 because she has unlimited liability for repayment of the debt. Cyndy recognizes in her own personal financial records a credit to Notes Receivable of $30,000 and debit to Notes Payable $30,000 because Cyndy has unlimited liability for repayment of the debt. The day care sole proprietorship recognizes a journal entry in its accounting records a debit to Cash $30,000 and a credit to Notes Payable $30,000 even though Cyndy has unlimited liability for the debt. The day care sole proprietorship recognizes a debit to Notes Receivable of $100,000 and credit to Notes Payable $100,000 because Cyndy has unlimited liability for repayment of the debt. None of the other choices are correct