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Business, 20.11.2019 21:31 Kelseyzim

Lyric company issued a 90-day zero-interest-bearing note with a face amount of $3,000. the present value of the note is $2,855. the journal entry to record the issuance of the note will )a credit to notes payable for $2,855.(b)a debit to interest expense for $145.(c)a debit to cash for $2,855.(d)none of these answers are correct.

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Lyric company issued a 90-day zero-interest-bearing note with a face amount of $3,000. the present v...
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