Question: Travel Planners, Incorporated borrowed ( $ 5,000 ) from First State Bank and signed a promissory note. What entry should Travel Planners record when the

 Travel Planners, Incorporated borrowed \\( \\$ 5,000 \\) from First State

Travel Planners, Incorporated borrowed \\( \\$ 5,000 \\) from First State Bank and signed a promissory note. What entry should Travel Planners record when the note is repaid? Multiple Choice Debit Notes Receivable, \\$5,000; Credit Cash, \\( \\$ 5,000 \\). Debit Cosh, \\$5,000; Credit Notes Payable, \\$5,000. Debit Notes Payable, \\$5,000; Credit Cash, \\$5,000 Debit Cash, \\$5,000; Credit Notes Recewable, \\$5,000

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