Electron Borrowed $75,000 Cash from TechCom by Signing a Promissory

question 139

Multiple Choice

Electron borrowed $75,000 cash from TechCom by signing a promissory note. TechCom's entry to record the transaction should include a:

• A) Debit to Notes Receivable for $75,000.
• B) Debit to Accounts Receivable for $75,000.
• C) Credit to Notes Receivable for $75,000.
• D) Debit Notes Payable for $75,000.
• E) Credit to Sales for $75,000.

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Definitions:

United States

A country located in North America, known for its significant economic, political, and cultural influence worldwide.

Pathogens

Microorganisms, such as bacteria, viruses, fungi, and parasites, that can cause disease in their host.

Types

Refers to various categories or classifications of things or phenomena based on shared characteristics.

HIV

Human Immunodeficiency Virus, a virus that attacks the immune system and can lead to AIDS if not treated.