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On 1/1/19, Hart, Co. sold goods to Baker, Inc. in exchange for a 3-year non-interest bearing note with a face value of $25,000. Given a
On 1/1/19, Hart, Co. sold goods to Baker, Inc. in exchange for a 3-year non-interest bearing note with a face value of $25,000. Given a 12% interest rate, the transaction price would be $17,795. Journalize Hart's entry on 1/1/19
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Introduction To Cost Accounting
Authors: Don R. Hansen, Maryanne Mowen, Liming Guan, Mowen/Hansen
1st International Edition
0538749636, 978-0538749633
