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The company sold machines 1/1 / 20X5 in X for 163,350 which will be paid 31.12.20X6. A charged X with an interest rate of 10%.

The company sold machines 1/1 / 20X5 in X for 163,350 which will be paid 31.12.20X6. A charged X with an interest rate of 10%. Calculate the selling price in cash according to the method: a. effective interest rate b. constant depreciation

Make the calendar entries with the method of the effective interest rate for the dates 1.1.20x5 and 31.12.20X6

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