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XYZ Company borrowed $5,000 cash. Journal Entry to record this event would include a: a. Credit to Notes Payable and a Credit to Cash. b.

XYZ Company borrowed $5,000 cash. Journal Entry to record this event would include a:

a. Credit to Notes Payable and a Credit to Cash.

b. Debit to Notes Payable and a Credit to Cash.

c. Credit to Notes Payable and a Debit to Cash.

d. Debit to Notes Payable and a Debit to Cash.

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