Sports 'R' Us signed a $5,000, 90-day, 5% interest-bearing note payable at the bank in exchange for

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Sports 'R' Us signed a $5,000, 90-day, 5% interest-bearing note payable at the bank in exchange for cash. Which of the following journal entries should Sports'R' Us use to record the issuance of the note?

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Intermediate accounting

ISBN: 978-0077647094

7th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Posted Date: Dec 12, 2022 09:51 AM

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Sports 'R' Us signed a $5,000, 90-day, 5% interest-bearing note payable at the bank in exchange for

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Intermediate accounting

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