Question: Iyle Co . borrowed $ 2 0 , 0 0 0 from First Bank by signing a written promise to pay a definite sum of

Iyle Co

.

borrowed $

20, 000

from First Bank by signing a written promise to pay a definite sum of money on a specific future date. Lyle will record this in the general ledger as a

(

)

payable

Iyle Co. borrowed $20,000 from First Bank by signing a written

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