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Question 10 5 points Saved Company D borrows $10,000 cash by signing a note payable. What is the journal entry to record the receipt of
Question 10 5 points Saved Company D borrows $10,000 cash by signing a note payable. What is the journal entry to record the receipt of the cash and the liability for the note payable? A. Dr. Cash 10000; Cr. Notes Payable 10,000 B. Dr. Cash 10000; Cr. Notes Receivable 10000 C. Dr. Notes Payable 10000; Cr. Cash 10000 D. Dr. Notes Receivable 10000; Cr. Cash 10000 E. None of the above
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Accounting For Inventory
Authors: Steven M. Bragg
4th Edition
1642210714, 9781642210712
