Jasper makes a $95,000, 90-day, 7% cash loan to Clayborn Co. Jasper's entry to record...
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Accounting
Jasper makes a $95,000, 90-day, 7% cash loan to Clayborn Co. Jasper's entry to record the transaction should be: Multiple Choice O Debit Notes Receivable for $95,000; credit Cash $95,000 O Debit Accounts Receivable $95,000; credit Notes Recelvable $95,000. O Debit Cash $95.000; credit Notes Receivable for $95,000 O Debit Notes Payable $95,000; credit Accounts Payable $95,000 O Debit Notes Receivable $95,000; credit Sales $95,000
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