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which choice is correct? A) B) C) D) UCC Company repaid a note payable of $20,000 (interest had previously been paid). This transaction should be

which choice is correct?
A)
B)
C)
D)
image text in transcribed
UCC Company repaid a note payable of $20,000 (interest had previously been paid). This transaction should be recorded as follows on the payment date 20.000 20,000 20,000 A) Accounts payable Cash Cash Note payable c) Note payable Cash D) Note payable expense Cash 20,000 20,000 20,000 20,000 20,000

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