on july 1, 2024, a company acquired equipment. the company paid $187,500 in cash on july 1, 2024, and signed a $750,000 noninterest-bearing note for the remaining balance, which is due on july 1, 2025. an interest rate of 7% reflects the time value of money for this type of loan agreement. (pv of $1, pva of $1) which of the following should be included in the journal entry on july 1, 2024? note: round intermediate and final answer to nearest whole dollar amount. multiple choice credit notes payable, $700,935 and debit discount on notes payable, $49,065. debit equipment, $937,500. debit discount on notes payable, $49,065. credit notes payable, $700,935.