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Purchased equipment from Greenwood Co. for $360,000, paying $160,000 cash and issuing a series of ten 6% notes for $20,000 each, coming due at 30-day
Purchased equipment from Greenwood Co. for $360,000, paying $160,000 cash and issuing a series of ten 6% notes for $20,000 each, coming due at 30-day intervals. Explain
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