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If a company borrows money from a bank and signs an agreement to repay the loan several years from now, in which account would the

If a company borrows money from a bank and signs an agreement to repay the loan several years from now, in which account would the company report the amount borrowed?

a)

Retained Earnings
b)

Common Stock
c)

Notes Payable (long-term)
d)

Accounts Payable

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