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Business, 20.04.2021 17:10 hallmansean04
Andrew Company purchased an equipment on January 1, 2020, and signed a 6% instalment note requiring annual equal payments of $5,241, including principal and interest at the end of every year for 8 years. The journal entry to record the first installment payment on December 31, 2020 will involve a:
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Andrew Company purchased an equipment on January 1, 2020, and signed a 6% instalment note requiring...
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