Multiple Choice
James borrowed $950 from Tracy.James promised in writing that he would repay the money to Tracy on May 13,201X.At the time of the loan,Tracy records the transaction as a(n) :
A) Accounts Receivable.
B) Accounts Payable.
C) Promissory Note Receivable.
D) Promissory Note Payable.
Correct Answer:
Verified
Correct Answer:
Verified
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