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On January 1st 2015, a local supermarket bought new delivery trucks. the company signed a note agreeing to pay $150,000 on December 31, 2017. The
On January 1st 2015, a local supermarket bought new delivery trucks. the company signed a note agreeing to pay $150,000 on December 31, 2017. The market interest rate for this not is 6% a year. The journal entry of this acquisition (on January 1, 2015) will show CREDIT to notes payable for...
A) 133500
B)125943
C)141000
D)133499
explain your reasoning behind your choice :) !
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