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James borrowed $550 from Tracy. James promised in writing that he would repay the money to Tracy on May 13, 2013. At the time of

James borrowed $550 from Tracy. James promised in writing that he would repay the money to Tracy on May 13, 2013. At the time of the loan, Tracy recorded the transaction as a/an

Question 9 options:

accounts receivable.

accounts payable.

promissory note receivable.

promissory note payable.

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