Jasper makes a $77000, 90-day, 7% cash loan to Claybom Co. Jasper's entry to record the transaction should be Multiple Choice Debit Notes Recevable for $77,000, credit Cash $77,000. Debit Accounts Receivable 577,000, credit Notes Receivable $77,000. Debit Cash $75,000 creat Notes Receivable for $77,000. Debit Notes Payable $77.000, credit Accounts Payable 577.000. Deot Notes Recewable 572000: Credit Sales $77000