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Question 7 2 pts Angel makes a $25,000, 90-day, 7% cash loan to Max Co. Angel's entry to record the transaction should be: Debit Notes

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Question 7 2 pts Angel makes a $25,000, 90-day, 7% cash loan to Max Co. Angel's entry to record the transaction should be: Debit Notes Receivable for $25,000; credit Cash $25,000. O Debit Accounts Receivable $25,000; credit Notes Receivable $25,000. O Debit Cash $25,000; credit Notes Receivable for $25,000. Debit Notes Payable $25,000; credit Accounts Payable $25,000. Debit Notes Receivable $25,000; credit Sales $25,000. Next Quiz saved at 7:38pm Submit

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