Business, 29.08.2019 16:30 rosepetals2938
Doggy co. began construction of a new cutter for the u. s. coast guard on january 1, 2018 and completed construction of the ship on october 31, 2019. to finance construction, doggy took out an $8,000,000, 2-year, 6% construction loan on february 1, 2018. interest on the loan was to be paid annually on the anniversary date of the loan. doggy has no other outstanding interest-bearing debt. doggy made the following expenditures in conjunction with this construction project:
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Doggy co. began construction of a new cutter for the u. s. coast guard on january 1, 2018 and comple...
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