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Business, 17.10.2019 23:20 zanaplen27

The field detergent company sold merchandise to the abel company on june 30, 2021. payment was made in the form of a noninterest-bearing note requiring abel to pay $85,000 on june 30, 2023. assume that a 10% interest rate properly reflects the time value of money in this situation. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) required: calculate the amount at which field should record the note receivable and corresponding sales revenue on june 30, 2021. (round your final answers to nearest whole dollar amount.)

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The field detergent company sold merchandise to the abel company on june 30, 2021. payment was made...

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