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22) If a company would like to repay a bank loan of $7,000, the bookkeeper...

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Accounting

22) If a company would like to repay a bank loan of $7,000, the bookkeeper would

A) debit Cash and credit Notes Receivable for $7,000.

B) debit Notes Receivable and credit Cash for $7,000.

C) debit Cash and credit Accounts Payable for $7,000.

D) debit Notes Payable and credit Cash for $7,000.

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