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View Policies Current Attempt in Progress Bridgeport plc purchased a truck by issuing an 97,600,4-year, zero-interest-bearing note to Equinox Inc. The market rate of interest

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View Policies Current Attempt in Progress Bridgeport plc purchased a truck by issuing an 97,600,4-year, zero-interest-bearing note to Equinox Inc. The market rate of interest for obligations of this nature is 9%. Prepare the journal entry to record the purchase of this truck. (Round present value factor calculations to 5 decimal places, eg. 1.25124 and final answers to decimal places, eg. 5,275. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Attempts: 0 of 1 used Submit Answer Save for Later

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