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bothell company sold goods to lynnwood inc on December 31, 2020 and accepted a two-year $36,000.00 zero interest-bearing note from Lynnwood. the appropriate market interest
bothell company sold goods to lynnwood inc on December 31, 2020 and accepted a two-year $36,000.00 zero interest-bearing note from Lynnwood. the appropriate market interest rate is for this kind of note is 10%
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prepare bothell's journal entries for the initial transaction Recognition of interest each year in the collection of $36,000 at the maturity date
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