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Jasper makes a $84,000, 90-day, 7% cash loan to Clayborn Co. Jasper's entry to record the transaction should be: O Debit Notes Receivable for $84,000,

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Jasper makes a $84,000, 90-day, 7% cash loan to Clayborn Co. Jasper's entry to record the transaction should be: O Debit Notes Receivable for $84,000, credit Cash $84,000. O Debit Accounts Receivable $84,000, credit Notes Receivable $84,000. Debit Cash $84,000, credit Notes Receivable for $84,000 O Debit Notes Payable $84,000; credit Accounts Payable $84,000. Debit Notes Receivable $84,000; credit Sales $84,000

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