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The journal entry a company uses to record the issuance of an interest-bearing note for the purpose of borrowing funds for the business is a.

The journal entry a company uses to record the issuance of an interest-bearing note for the purpose of borrowing funds for the business is a. debit Accounts Payable; credit Notes Payable b. debit Cash; credit Notes Payable c. debit Notes Payable; credit Cash d. debit Cash and Interest Expense; credit Notes Payable I think its it B. but I really want a second opinion. Thanks

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