The Issuance of a Note Is Recorded,on the Books of the Borrower,by

question 173

True/False

The issuance of a note is recorded,on the books of the borrower,by crediting Cash and debiting Notes Receivable.

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Definitions:

Scientific Theory

In science, a widely accepted explanation supported by a large body of observations and experiments. A scientific theory relates facts that appear unrelated; it predicts new facts and suggests new relationships. Compare with hypothesis.

Unchangeable

A term describing something that cannot be altered or modified.

Hypotheses

Proposed explanations for a phenomenon, made as a starting point for further investigation.

Observations

The act of noting and recording something with instruments or the senses as a part of scientific research or empirical study.