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please just use these options to answer this question. It will be more easier for me to fill in these blanks. and if you are

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image text in transcribed please just use these options to answer this question. It will be more easier for me to fill in these blanks. and if you are answering this question please make sure that it is right because I am only allowed to ask 20 question per month but mostly I am getting incorrect answers from experts. I do not know why they are wasting our time, money and questions.
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Grocery Corporation sold $540,000,8 percent notes on January 1 of this year at a market rate of 9 percent. The notes were dated also on January 1 with interest to be paid each December 31, they mature in 10 years. Use effective interest amortization and a discount account. Use effective interest amortization Use Table 91. Table 90.2 Required 1. This part of the question is not part of your Connect assignment 2. This part of the question is not part of your Connect assignment 3 Show how the interest expense, interest payment, and notes payable should be reported on the financial statements for this year, (Round time value foctor to 4 decimal places. Round Intermediate and final answers to the nearest whole dollar) GROCERY CORPORATION Financial Statements For year ended December 31 Statement of earnings Statement of financial position Long-term liabilities $ 0 Statement of cash flows 2. This part of the question is not part of your Connect assignment 3. Show how the interest expense, interest payment, and notes payable should be reported on the financial statements for this year (Round time value factor to 4 decimal places. Roundintermediate and final answers to the nearest whole dollar) GROCERY CORPORATION Financial Statements For your ended December 31 Statement of earnings Accounts payable Accounts receivable $ 0 Cash Discount on bonds payable 2 This part of the question is not part of your Connect assignment. 3. Show how the interest expense, interest payment, and notes payable should be reported on the finan (Round time value factor to 4 decimal places. Round intermediate and final answers to the nearest w GROCERY CORPORATION Financial Statements For year ended December 31 Statement of earnings: Cash Discount on bonds payable Interest expense Interest paid Notes payable $ 0

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