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QUESTION 7 You borrow $750,000 on a 90-day note. The money is deposited into checking. The entry for this transaction should be: O A debit

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QUESTION 7 You borrow $750,000 on a 90-day note. The money is deposited into checking. The entry for this transaction should be: O A debit of $750,000 to cash and a credit of $750,000 to notes payable O A credit of $750,000 to cash and a debit of $750,000 to notes payable O A debit of $750,000 to cash and a debit of $750,000 to interest expense None of above QUESTION 8 Which of the following is not an asset: O retained earnings O portable X-ray machine O 10000 500 ml bottles of Sterile water O all of the above Click Saue and Submit to save and submit Cliol. Smuo All

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