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    Business
  3. Study Set
    Accounting
  4. Exam
    Exam 2: Recording Business Transactions
  5. Question
    A Business Borrows Cash by Signing a Note Payable
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A Business Borrows Cash by Signing a Note Payable

Question 28

Question 28

Multiple Choice

A business borrows cash by signing a note payable.Which account is debited?


A) Notes payable
B) Accounts payable
C) Accounts receivable
D) Cash

Correct Answer:

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