darkpain3005 darkpain3005
  • 22-01-2022
  • Business
contestada

Kelly corporation borrows $120,000 from first community bank. How would this transaction be recorded?.

Respuesta :

ManFaceAnswers
ManFaceAnswers ManFaceAnswers
  • 22-01-2022

Answer:

Debit Cash $120,000, credit Notes Payable $120,000

Explanation:

Answer Link

Otras preguntas

The saying "Whoso is a man must be a nonconformist" is based on whose transcendentalist belief? Ralph Waldo Emerson Amos Bronson Alcott Henry David Thoreau Marg
in what two places on plants do seeds grow
PLEASE HELP!!! THIS IS FOR 6 POINTS!!! A total of 68 yd of rope was used to rope off all four sides of a rectangular region with a width of 12 yd. What is the a
Which of the following electromagnetic waves is not used for communication? A.Gamma rays B.Microwaves C.Infrared Waves D.Radio Waves
Which is a defining trait of a mineral? A. dull B. indefinite shape C. inorganic D. made of sulfur
4 x 9 - 26 = 2 x 9 - 8Please Help ME!!!!! I am stumped
Which statement is true? -The earth has a stronger gravitational pull than the Sun because it is smaller in mass. -Planets would travel in a straight line if i
An object of mass weighing 5.24 kilograms is raised to a height of 1.63 meters. What is the potential energy of the object at that height? Note that acceleratio
All banks must receive a/an ______________ to operate.
Which statements about the number properties are true? Choose all answers that are correct. A. The associative property applies to multiplication. B. The commut