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On July 1, 2023, Cullumber Company sold goods to Ivanhoe Company for $925,000 in exchange for a 4-year, zero-interest-bearing note with a face amount of
On July 1, 2023, Cullumber Company sold goods to Ivanhoe Company for $925,000 in exchange for a 4-year, zero-interest-bearing note with a face amount of $1,455,505. The goods have an inventory cost on Cullumber's books of $645,000 and their fair value is $925,000 (a) How much revenue should Cullumber record on July 1, 2023
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Corporate Reporting In India Financial And Social Performance Disclosures
Authors: V.K. Vasal
1st Edition
8177081217, 978-8177081213
