Use the information for Bartho Products in BE7-15 and assume instead that Bartho follows ASPE. Prepare the

Question:

Use the information for Bartho Products in BE7-15 and assume instead that Bartho follows ASPE. Prepare the entries to record
(a) The sale of Bartho's equipment and receipt of the note,
(b) The recognition of interest each year if Bartho uses the straight-line method, and
(c) The collection of the note at maturity.