Business, 04.04.2020 05:02 mfkinnatz

Equestrain Roads sold $120,000 of goods and accepted the customer's $120,000 10%, 1-year note in exchange. Assuming 10% approximates the market rate of return, how much interest would be recorded for the year ending December 31 if the sale was made on June 30

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Equestrain Roads sold $120,000 of goods and accepted the customer's $120,000 10%, 1-year note in exc...