Question 3 Llama Company borrowed $60,000 from Brown Bank and signed a promissory note on January 1. What entry should Llama Company record on January 1? Cash $60,000 Notes Payable $60,000 Accounts Payable $60,000 OB. Cash $60,000 Cash $60,000 OC Notes Receivable 560,000 $60,000 Notes Payable OD. Cash 360,000