PPPPPP 22. How will the lender of the promissory note tecond the note on its books a) The promissory note will be recorded as. b) The promissory note will be recorded as on asset c) The promissory note will be recorded as revenue. d) The promissory note will be recorded as a contra asset - 23 The following information is from Ghane company's accounting records for the year ended December 31 Purchase $218.400 Ticcusactions 13,200 Inventory January 1 31.80o Inventory December 31 35.500 purchase Returns & Allowences 10,080 Refer to the information provided for Ghone How much will the company tepott as net Fox the year ended December 31 company. purchases