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AP For reorders, vendors are not paid for 30 days Calculate the loan of $3, at 6% interest over 10 years; insert loan and the
AP For reorders, vendors are not paid for 30 days Calculate the loan of $3, at 6% interest over 10 years; insert loan and the amortization on the balance sheet and the interest payments on the income statement. There was no capital connibution from the owners (no initial equity) If cash is negative there is no need to show additional financing, just show the shortage
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