IDNLearn.com offers a unique blend of expert answers and community-driven insights. Our Q&A platform offers reliable and thorough answers to help you make informed decisions quickly and easily.
Sagot :
Jasper's entry to record the transaction should be Debit Notes Receivable for $92,000; Credit Cash $92,000
A debit notice is a report utilized by a seller to inform the client of modern-day debt duties, or a document created by a consumer when returning goods obtained on credit.
Debit note is a document which displays that a debit is made to the alternative celebration's account. credit score note is an device used to inform that the alternative birthday party's account is credited in his books.
Explanation:-
When Jasper makes a loan to Clayborn it is an asset in the books of Jasper therefore when increasing asset Debit Note Receivable at the same time the loan is given by cash therefore another asset cash will decrease hence Credit Cash.
Hence, All other options are incorrect
Learn more about transaction here:-https://brainly.com/question/24835236
#SPJ4
Thank you for being part of this discussion. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Thank you for visiting IDNLearn.com. We’re here to provide dependable answers, so visit us again soon.