Brooke Company grants James Decorating additional time to pay its past due account.James makes a written promise to pay Brooke the amount on a certain date.James records this transaction as follows:
A)debit Notes Receivable; credit Accounts Receivable.
B)debit Cash; credit Accounts Receivable.
C)debit Accounts Receivable; credit Notes Receivable.
D)debit Accounts Payable; credit Notes Payable.

Question

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The Answer of Brooke Company grants James Decorating additional time to pay its past due account.James makes a written promise to pay Brooke the amount on a certain date.James records this transaction as follows:
A)debit Notes Receivable; credit Accounts Receivable.
B)debit Cash; credit Accounts Receivable.
C)debit Accounts Receivable; credit Notes Receivable.
D)debit Accounts Payable; credit Notes Payable.

Brooke Company Grants James Decorating Additional Time to Pay Its