The Journal Entry to Record the Conversion of a $6,300 $\begin{array} { l l l } \text { Cash } & 6,300 & \\\quad \text { Notes Payable } & & 6,300\end{array}$

Multiple Choice

The journal entry to record the conversion of a $6,300 accounts payable to a note payable would be

A)
$\begin{array} { l l l } \text { Cash } & 6,300 & \\\quad \text { Notes Payable } & & 6,300\end{array}$

B)
Notes Receivable $\quad 6,300$
Notes Payable $\quad 6,300$

C)
Notes Payable $\quad 6,300$
Cash $\quad 6,300$
D)
Accounts Payable $\quad 6,300$
Notes Payable $\quad 6,300$