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Electron borrowed $75,000 from TechCom by signing a promissory note and pledging $85,000 in accounts receivable as security. TechCom's entry to record the transaction should
Electron borrowed $75,000 from TechCom by signing a promissory note and pledging $85,000 in accounts receivable as security. TechCom's entry to record the transaction should include a Multiple Choice Debit Notes Payable for $75,000 Debit to Accounts Receivable for $75,000 Credit to Sales for $75,000 O Debit to Notes Receivable for $75,000
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