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On May 22, Jarrett Company borrows $8,200, signing a 90 -day, 8%,$8,200 note. What is the Journal entry made by Jarrett Company to record the
On May 22, Jarrett Company borrows $8,200, signing a 90 -day, 8%,$8,200 note. What is the Journal entry made by Jarrett Company to record the transaction? Multiple Cholce Debit Cash $8,200; credit Accounts Payable $8,200 Debit Accounts Payable $8,200; credit Notes Payable $8,200. Debit Cash $8,364 : credit Notes Payable $8,364 Deblt Cash $8,200 : credit Notes Payable $8,200 Debit Notes Recelvable $8,200; credit Cash $8.200
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