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Hi, I need help to answer this question as soon as possible please. Thanks ent Exercise 7-27 On The note would pay back only $679,500
Hi, I need help to answer this question as soon as possible please. Thanks
ent Exercise 7-27 On The note would pay back only $679,500 of the principal at maturity. However, it was considered likely that 31, 2017, Sage Company sgned a s 1,122 so n te to Pronghorn Barik The martet i terest rate at that time was 10%. The stated interest rate on the note was 8% payable annualy. that it was probable that the company interest would continue to be paid, besed on the $1,132,500 loan Amount of cash Sage received from the loan 31, 2019. (Round answers to 0 decimal places, e.g. s,275.) Prepare a note a schedule for Bank up to Carrying Cash Revenue 12/31/17 12/31/18 12/31/19 Bank up to 12/31/17 12/31/18 Step by Step Solution
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