On August 1, Drold Co. borrowed $80,000 from Simpli Financial. The loan hadaginterest rate of 79 and was due in 60 days. Prepare the Journal entry for Droid Co. to record the note. a DR: Note Payable $80,000 CR: Cash 580,000 DR: Cash $80,000 CR: Note Payable 580,000 DR: Cash $80,000 CR: Note Receivable 580,000 DR: Note Receivable $80,000 CR: Cash 580,000 o Od