Question: A company lends $ 1 0 , 0 0 0 to an employee who signed a 9 % , 6 - month promissory note. The
A company lends $ to an employee who signed a month promissory note. The entry made by the company to record the establishment of the loan to the employee will include a:
Multiple Choice
debit to Accounts Receivable for $
credit to Sales for $
debit to Notes Receivable for $
credit to Notes Payable for $
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