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Business, 03.09.2019 00:10 anniebear

On october 1, 2018, 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, 2019. similar borrowings have carried an 11% interest rate. the equipment would be recorded at:

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On october 1, 2018, justine company purchased equipment from napa inc. in exchange for a noninterest...
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