Business, 02.07.2019 00:20, kingethan08

On october 1, 2011, justine company purchased equipment from napa inc. in exchange for a noninterest-bearing note payable in five equal annual payments of $500,000, beginning oct 1, 2012. similar borrowings have carried an 11% interest rate. the equipment would be recorded at:

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On october 1, 2011, justine company purchased equipment from napa inc. in exchange for a noninterest...