Brian IncBorrowed $8,000 from First Bank and Signed a Promissory Note

question 29

Multiple Choice

Brian Inc.borrowed $8,000 from First Bank and signed a promissory note.What entry should First Bank record?

• A)Debit Cash,$8,000; Credit Notes Receivable,$8,000.
• B)Debit Notes Receivable,$8,000; Credit Cash,$8,000.
• C)Debit Cash,$8,000; Credit Notes Payable,$8,000.
• D)Debit Notes Payable,$8,000; Credit Cash,$8,000.

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Definitions:

Job Satisfaction

The level of contentment employees feel about their work, which can affect their performance and overall well-being.

Attitude Components

The elements that constitute attitudes, including cognitive (thoughts), affective (feelings), and behavioral (actions) components.

Feelings

Involve subjective experiences associated with emotions and mood, reflecting personal reactions to emotions, people, or situations.

Internal Locus

The belief that one's outcomes are a result of personal efforts and abilities, characterized by a sense of self-agency and responsibility.