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Cullumber & Co. sold goods with a market price of $126000 on April 1. They accepted a note from Marin Inc. for $126000 due

Cullumber & Co. sold goods with a market price of $126000 on April 1. They accepted a note from Marin Inc. for $126000 due in two years, with interest paid each year on April 1, bearing 8% interest. If 8% interest approximates the market rate of interest for this transaction, what journal entry should be recorded to record the sale (ignore Cost of Goods sold) when the sale takes place?

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