The journal entry a company uses to record the issuance of a note for the purpose of converting an existing account payable would be

A) debit Cash; credit Accounts Payable
B) debit Accounts, Payable; credit Cash
C) debit Cash; credit Notes Payable
D) debit Accounts Payable; credit Notes Payable


D

Business

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What will be an ideal response?

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Indicate whether the statement is true or false

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A balanced funnel involves:

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Business

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Business