Question 3 Alpaca Company borrowed 540,000 from Yellow Bank and signed a promissory note on January 1. What entry should Alpaca Company record on January 17 Cash $40,000 On Notes Receivable $40,000 Accounts Payable $40,000 B Cash $40,000 540,000 OC Notes Payable $40,000 Cash Notes Payable $40,000 Cash $40,000