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On December 31, 2017. Fenton Company cold equipment to Denver, Inc. accepting a $275.000 norinterest bearing note receivable in full payment on December 31, 2017

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On December 31, 2017. Fenton Company cold equipment to Denver, Inc. accepting a $275.000 norinterest bearing note receivable in full payment on December 31, 2017 Denver , Inc, normaly paye 12 for borrowed funds. The equipment is carried in Penton's perpetunl Inventory records 65% of this whething pace. Uue the following links to the prevent value tables to calculate answer PV of PVAD of and PVOA ofy the the appropriate face from the bles provided) Required Prepare an amortization schedule for the note 2. Prepare Fenton's Journal entries to record the vale on December 31, 2017 3. Prepare enton's journenty on December 31 2018, necesitated by this transaction (Hint Prepare an amortation schedule for 4 Show Fenton's balance sheet presentation of Denver's notest December 31, 2018 Complete this question by entering your mowers in the tabs below. Pred2 Nagrada Red Prepare Fenton's journal entries to record the sale on December 31, 2017. (Fortry is required for a particular transaction so journal entry required in the test scout Me) View schon at Journal entry worksheet Record the entry for the sale of equipment by accepting a noninterest-bearing note Nous word Transaobon General Journal Trato Denvertre Servere Delt 195.74 195.740 C Required Reguda >

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