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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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