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Aaron Corporation issued a 4-year, $75,000, zero-interest-bearing note to Brown Company on January 1, 2014, receiving cash of $47,664. The implicit interest rate is 12%.
Aaron Corporation issued a 4-year, $75,000, zero-interest-bearing note to Brown Company on January 1, 2014, receiving cash of $47,664. The implicit interest rate is 12%. The note requires a 12/31/14 ...
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Financial accounting
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
9th edition
978-0132751216, 132751127, 132751216, 978-0132751124
