Question: help plz What would it mean if there was a new ledger credit entry of $5,000 to the Notes Payable account? The company has $5,000
What would it mean if there was a new ledger credit entry of $5,000 to the Notes Payable account? The company has $5,000 in deferred revenue (a liability account). The company has loaned $5,000 in the form of a note. The company has borrowed $5,000 in the form of a note. The company has paid $5,000 towards an existing
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