On june 30, 2021, the esquire company sold merchandise to a customer and accepted a noninterest-bearing note in exchange. the note requires payment of $30,000 on march 31, 2022. the fair value of the merchandise exchanged is $28,200. esquire views the financing component of this contract as significant. 1. prepare journal entries to record the sale of merchandise (omit any entry that might be required for the cost of the goods sold), any december 31, 2021 interest accrual, and the march 31, 2022 collection.
2. what is the effective interest rate on the note?

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3

answer; buyer guide;

answerobservation;