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1. It sold land having a fair value of E912,330 in exchange for a 4-year, zero-interest-bearing promissory note in the face amount of E1,435,565. The
1. It sold land having a fair value of E912,330 in exchange for a 4-year, zero-interest-bearing promissory note in the face amount of E1,435,565. The land is carried on Sheridan's books at a cost of E...
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