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TB MC Qu. 09-127 (Algo) On May 22, Jarrett Company borrows... On May 22, Jarrett Company borrows $8,000, signing a 90 -day, 6%,$8,000 note. What

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TB MC Qu. 09-127 (Algo) On May 22, Jarrett Company borrows... On May 22, Jarrett Company borrows $8,000, signing a 90 -day, 6%,$8,000 note. What is the journal entry made by Jarrett Company to record the transaction? Multiple Choice Debit Cash $8,000 : credit Accounts Payable $8,000 Debit Accounts Peyoble $8,000; credi Notes Payable $8,000 Debit Cash $8,120; credi Notes Poyable $8,120

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