darkpain3005 darkpain3005
  • 22-01-2022
  • Business
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Kelly corporation borrows $120,000 from first community bank. How would this transaction be recorded?.

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ManFaceAnswers
ManFaceAnswers ManFaceAnswers
  • 22-01-2022

Answer:

Debit Cash $120,000, credit Notes Payable $120,000

Explanation:

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