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please solve all requirements :) and maturity, the market interest rate is 15%. Interest is paid each December 31. Future Value of $1 table Future
please solve all requirements :)
and maturity, the market interest rate is 15%. Interest is paid each December 31. Future Value of $1 table Future Value of an Ordinary Annuity table Future Value of an Annuity Due table Present Value of $1 table Present Value of an Ordinary Annuity table Present Value of an Annuity Due table Read the requirements. The present value of the note receivable is Requirements a. Determine the present value of the note at January 1, 2022. b. Prepare the journal entry at the issuance of the note. c. Prepare the journal entry to record the interest revenue for the first 2 yearsStep by Step Solution
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