bear essentials borrowed $50,000 from stacks bank and signed a promissory note. what entry should bear essentials record? multiple choice debit cash, $50,000; credit notes receivable, $50,000. debit notes receivable, $50,000; credit cash, $50,000. debit cash, $50,000; credit notes payable, $50,000. debit notes payable, $50,000; credit cash, $50,000.