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On December 1st of the current year, Daughters Inc. borrowed money at the bank by signing a 90 day non-interest bearing note for $40,000 that
On December 1st of the current year, Daughters Inc. borrowed money at the bank by signing a 90 day non-interest bearing note for $40,000 that was discounted at 12%.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
9th Canadian Edition, Volume 2
470964731, 978-0470964736, 978-0470161012
