199k views
17 votes
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

1 Answer

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

B. Debit; Cash
User Henrik
by
8.6k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories