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eBook B Print Question 1 Not complete Marked out of 1.63 P Flag question Determining Sales and Interest Revenue using Lo
Posted: Wed Mar 09, 2022 8:17 am
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- Ebook B Print Question 1 Not Complete Marked Out Of 1 63 P Flag Question Determining Sales And Interest Revenue Using Lo 1 (101.93 KiB) Viewed 44 times
eBook B Print
Question 1 Not complete Marked out of 1.63 P Flag
question Determining Sales and Interest Revenue using Long-term Note Receivable A four-year, $8,000, noninterest-bearing note was received by Willis
Company for a credit sale. Assuming a market rate of 8%, determine (1) sales revenue recognized upon issuance of the note and (2) interest revenue recognized over the term of the note. Note: Round each answer to the nearest whole dollar. 1. Sales revenue $ 0 2. Interest revenue $ 0 Check eBook Print Videos