On December 3 1 , 2 0 2 4 , the Stride well Wholesale Shoe Company sold
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On December the Stride well Wholesale Shoe Company sold land in exchange for a ninemonth, note. The note requires the payment of $ plus interest on September The companys fiscal yearend is December The rate properly reflects the time value of money for this type of note. On March Stride well discounted the note at the Bank of the East for cash proceeds of $
What is the loss on sale of note receivable?
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Loss on Sale of Note Receivable Stridewell Wholesale Shoe Company sold a note receivable at a discou... View the full answer
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