On January 1, 2018, Tropical Paradise borrows $34,000 by areeing to a 6%, six year note with the bank. Loan payments of $563.48 are due at the end of each month with the first installment due on January 31, 2018. In the issuance of the bond, what is the debit account for the entry to record the bond?

Cash

Note payable

Account payable

Note receivable