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Recording Entries for Interest-Bearing Note Payable Fern Company purchased goods on January 1, 2020, and issued a two-year, $5,000 note with a 5% stated rate.
Recording Entries for Interest-Bearing Note Payable Fern Company purchased goods on January 1, 2020, and issued a two-year, $5,000 note with a 5% stated rate. The fair value of the goods is $4,732....
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
