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The application indicated that as of July 1, 2017, $24,600 was owed on the truck and $14,100 on a home equity loan, a portion of
The application indicated that as of July 1, 2017, $24,600 was owed on the truck and $14,100 on a home equity loan, a portion of which was believed to have been used to purchase the car. Payments to principal were about $100 per month for each loan plus interest. Do you include principal payments in using the net worth method? and if so how?
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
