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On January 1, 2024, Trick Technology Associates sold computer equipment to the Treat Company. Delivery was made on January 1, 2024, but payment for the

On January 1, 2024, Trick Technology Associates sold computer equipment to the Treat Company. Delivery was made on January 1, 2024, but payment for the equipment of $8,100 is not due until December 31, 2024. Assuming that Trick Technology views the time value of money to be a significant component of this transaction and that a 6% interest rate is applicable. How much sales revenue would Trick Technology recognize on January 1, 2024?
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On January 1, 2024, Trick Technology Associates sold computer equipment to the Treat Company. Delivery was made on January 1,2024 , but payment for the equipment of $8,100 is not due until December 31,2024 . Assuming that Trick Technology views the time value of money to be a significant component of this transaction and that a 6% interest rate is applicable. How much sales revenue would Trick Technology recognize on January 1, 2024

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