A Firm Borrows $4000 Cash from the Bank

Multiple Choice

A firm borrows $4000 cash from the bank.The transaction is recorded as:

A) Debit Bank Loan $4000; credit Owner's capital $4000
B) Debit Cash at bank $4000; credit Accounts Receivable $4000
C) Debit Cash at bank $4000; credit Bank Loan $4000
D) Debit Bank Loan $4000; credit Cash at bank $4000