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can yall check if i did righg ot wrong and if its wrong solved it for me. Snipes Construction paid for earth-moving equipment by Issuing

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can yall check if i did righg ot wrong and if its wrong solved it for me.
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Snipes Construction paid for earth-moving equipment by Issuing a $490,000, 3-year note that specified 3% inter paid on December 31 of each year. The equipment's retail cash price was unknown, but it was determined that a reasonable in rate was 6%, (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1 At what amount should Snipes record the equipment and the note? What journal entry should it record for the transaction? Complete this question by entering your answers in the tabs below. Price of General Equipment Journal At what amount should Snipes record the equipment and the note? (Round your answer to the nearest whole dollars.) Price of equipment 456,582 Price of Equipmom General Journal > $ On January 1, Snipes Construction paid for earth-moving equipment by issuing a $490,000, 3-year note that specified 3% intere Bald on December 31 of each year. The equipment's retail cash price was unknown, but it was determined that a reasonable inte ate was 6%. (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $i and PVAD of $1) At what amount should Snipes record the equipment and the note? What journal entry should it record for the transaction? Complete this question by entering your answers in the tabs below. Price of General Equipment Journal What journal entry should it record for the transaction? (Round your answers to the nearest whole dollars. If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list View Journal entry worksheet No General Journal 1 Equipment 39,293 Discount on notes payable 450.707 Notes payable Event Debit 1 Credit 490,000 Price of Equipment General Journal

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