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Business, 08.10.2019 00:30 retros133

Trn sold $40,000, of goods and accepted the customer's $40,000 10%, 1-year note payable 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? a. $0.b. $2,000.c. $4,000.d. $8,000.

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Trn sold $40,000, of goods and accepted the customer's $40,000 10%, 1-year note payable in exchange....
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