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2 Equestrain Roads accepted a customer's $100,000 zero-interest-bearing one-year note in a sales transaction. The product sold normally sells for $92,000. If the sale was
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Equestrain Roads accepted a customer's $100,000 zero-interest-bearing one-year note in a sales transaction. The product sold normally sells for $92,000. If the sale was made on June 30, how much interest revenue from this transaction would be recorded for the year ending December 31? Select one: a $4.000 a b. $10,000 C. $8,000 d. $0Step by Step Solution
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