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Prepare the necessary journal entry to record receipt of a four-year Zero-Interest-Bearing note receivable face value of $10,000; implicit interest rate of 8%. (Round factor
Prepare the necessary journal entry to record receipt of a four-year Zero-Interest-Bearing note receivable face value of $10,000; implicit interest rate of 8%. (Round factor values to 4 decimal places, e.g. 1.2345 and final answers to 0 decimal places, e.g. 54,321.)
NEED HELP asap!! work is appreciated!
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