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

question 108

Multiple Choice

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

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Definitions:

IQ Test Score

A measure used to assess a person's intelligence quotient, typically through standardized testing.

G Factor

A theoretical construct proposing a general intelligence factor that underlies specific cognitive abilities.

Original IQ Formula

A method developed by psychologist William Stern for calculating an individual's intelligence quotient (IQ) by dividing the person's mental age by their chronological age and then multiplying by 100.

Multiple Intelligences

A theory proposed by Howard Gardner, suggesting that individuals possess a variety of distinct types of intelligence, such as linguistic, logical-mathematical, and spatial, among others.