Jasper makes a $78,000, 90-day, 7% cash loan to Clayborn Co. Jasper's entry to record the transaction should be: Multiple Choice Debit Notes Receivable $78,000; credit Sales $78,000. Debit Notes Receivable for $78,000; credit Cash $78,000. Debit Notes Payable $78,000; credit Accounts Payable $78,000. Debit Accounts Receivable $78,000, credit Notes Receivable $78,000. O O O Debit Cash $78,000: credit Notes Recelvable for $78.000