When a business borrows money from a bank on a non-interest-bearing note, how are the bank discount

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When a business borrows money from a bank on a non-interest-bearing note, how are the bank discount and proceeds calculated?

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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Question Posted: Dec 21, 2011 10:15 AM

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When a business borrows money from a bank on a non-interest-bearing note, how are the bank discount

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College Accounting

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