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When an installment note is issued, the journal entry will include a __________ to __________. a. debit; Notes Payable b. debit; Cash c. credit; Cash d. credit; Notes Receivable…

When an installment note is issued, the journal entry will include a __________ to __________. a. debit; Notes Payable b. debit; Cash c. credit; Cash d. credit; Notes Receivable…
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When an installment note is issued, the journal entry will include a __________ to __________.

a. debit; Notes Payable
b. debit; Cash
c. credit; Cash
d. credit; Notes Receivable

asked
User Xavier Egea
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8.6k points

1 Answer

7 votes
When an installment notice is issued, the journal entry will include a debit to cash

B. Debit; Cash
answered
User Henrik
by
8.6k points
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