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The Field Detergent Company sold merchandise to a customer on June 3 0 , 2 0 2 4 . Payment was made in the form
The Field Detergent Company sold merchandise to a customer on June Payment was made in the form of a noninterestbearing note requiring the customer to pay $ on June Assume that a interest rate properly reflects the time value of money in this situation.
Required:
Calculate the amount at which Field should record the note receivable and corresponding sales revenue on June
Note: Use tables, Excel, or a financial calculator. FV of $ PV of $ FVA of $ PVA of $ FVAD of $ and PVAD of $
tableTable or calculator function:,Future value:,
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