Sweeny, Inc. Borrowed $30,000 from the bank by signing a 9 month note payable. The proper accounting

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Sweeny, Inc. Borrowed $30,000 from the bank by signing a 9 month note payable. The proper accounting treatment of recording the note will

Increase assets and liabilities decrease assets and increase liabilities, increase liabilities and owners equity increase assets and decrease owners equity

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Sweeny, Inc. Borrowed $30,000 from the bank by signing a 9 month note payable. The proper accounting

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