Question
Hi, could someone help me solve this quickly! on january 1 202x hawks delivery inc purchased a van to deliver goods at the beginning of
Hi, could someone help me solve this quickly!
on january 1 202x hawks delivery inc purchased a van to deliver goods at the beginning of the current year. the vendor offered hawks delivery inc financing terms that required hawks delivery inc to make 5 equal semi annual payments of $25000 at the end of every second quarter. the current interest rate for hawks delivery inc is 6% how much would hawks delivery inc record as the initial purchase price of the van?
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Financial Accounting
Authors: Pauline Weetman
6th Edition
0273789252, 978-0273789253
