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Question 28 2 Points ABC Inc, borrowed 58,000 from First Bank and signed a promissory note. What entry should ABC Inc. record? Debit Cash, $8,000;
Question 28 2 Points ABC Inc, borrowed 58,000 from First Bank and signed a promissory note. What entry should ABC Inc. record? Debit Cash, $8,000; Credit Notes Receivable, $8,000. B Debit Notes Receivable, $8,000; Credit Cash, $8,000 Debit Cash, $8,000; Credit Notes Payable, $8,000 Debit Notes Payable, 58,000; Credit Cash, 58,000
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Fundamentals Of Managerial Accounting Version 3.0
Authors: Kurt Heisinger, Joe Ben Hoyle
1st Edition
1453399410, 9781453399415
