Bear Essential borrowed $50,000 from Stacks Bank and signed a promissory note. What entry should Bear Essential record? Debit Cash. $50,000; Credit Notes Payable, $50,000. Debit Notes Payable, $50,000. Credit Cash, $50,000. Debit Cash, $50,000, Credit Notes Receivable, $50,000. Debit Notes Receivable, $50,000. Credit Cash, $50,000. The entry to record a monthly payment cm an installment note such as a car loan: Increases expense, decreases liabilities, and increases assets Increases expense, increases liabilities, and increases assets Increases expense, increases liabilities, and decreases assets Increases expense, decreases liabilities, and decreases assets. Given the information below, which bond(s) will be issued at a premium? Bond 2. Bond 3. Bond 1. Bonds 2 and 4. In most cases, current liabilities arc payable within year(s), and long-term liabilities are payable more than year(s) from now. one; ten one; two two; two one; one Camp Elim obtains a $125,000, 6%. five-year loan for a new camp bus on January 1, 2018. The loan requires a monthly payment of $2416.60. What amount will be recorded for interest expense for the first payment on January 31.2018? $125 $7, 500 $1,000 $625