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E16-18. Notes Receivable. On January 1, 2018, Racine Company accepted a 10% note, dated January 1, 2018, with a face amount of $2,400,000 in exchange
E16-18. Notes Receivable. On January 1, 2018, Racine Company accepted a 10% note, dated January 1, 2018, with a face amount of $2,400,000 in exchange for cash. The note is due in 10 years. For notes o...
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Principles Of Cost Accounting
Authors: Edward J. Vanderbeck
15th Edition
978-0840037039, 0840037031
