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On 1 / 1 / 2 0 2 4 , Alydar Inc. acquired equipment. The firm paid $ 1 6 5 , 0 0 0
On Alydar Inc. acquired equipment. The firm paid $ in cash on and signed a $ non interestbearing note for the remaining balance, which will be paid on they will pay $ on The rate is
a Make an amortization table for the entire note SHOW EXCEL FORMULAS
b Report all journal entries there are four of them, two on associated with these events
c For each entry, report the effects on total assets, liabilities, equity, revenues, expenses, and net income. Report the total effects of all entries as well. Report both direction and amount, and if an item is not affected, report the number zero
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