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please answer QUESTION:4 (100% correctly) sample question and answer provided below please follow exactly same answer format Answer must be handwritten . 4..Discounting of receviables.;
please answer QUESTION:4 (100% correctly)
sample question and answer provided below please follow exactly same answer format
Answer must be handwritten .
4..Discounting of receviables.; Example 40k NR, Interest 13% for 99 months, Discounted at 2%, What are the proceeds after discounting the Note Receviable. Do the Journal entries Answer QUESTION:4 (100% correctly) handwritten answer please handwritten answer please 4.Discounting of receviables.; Example 700k NR, Interest 15% for 6 months, Discounted at 5%, What are the proceeds after discounting the Note Receviable. Do the Journal entries sample question sample answer format Here, Interest 15% for 6 months, NR 7ook, discount and 5% DR. NR yook 700k. sales = 7xSLOOL Svor Bec-acoes DR. Coch: 5 (1225) GAVEK DR. Discount 5(1295) 612'5k 1225k NRS CR 700k Interest revenue, 525k = 400*15* 12 Interest Revenue CR 1205k 525Step by Step Solution
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Auditing An International Approach
Authors: Wally J. Smieliauskas, Kathryn Bewley
6th edition
978-0070968295, 9781259087462, 978-0071051415
