Question $7$

Post The Following Financial Transaction $(5$ Points$)($Fill the blanks and allow partial points$)$

A loan of $$4000$ was approved and the money was allocated in cash.

The financial transaction Debits on A and Credits on B $.$

$($You need to write: Asset, Liability, Equity, Expense, or Income. If you do not write it correctly, your answer will be wrong$)$

Blank $1$Blank $2$

Blank $1$ Add your answer

Blank $2$ Add your answer