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Business, 10.12.2019 20:31 yeahmaneee

Dold acrobats lent $16,529 to donaldson, inc., accepting donaldson’s 2-years, $20,000, zero-interest-bearing note. the implied interest rate is 10%. prepare dold’s journal entries for the initial transaction, recognition of interest each year, and the collection of $20,000 at maturity.

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Dold acrobats lent $16,529 to donaldson, inc., accepting donaldson’s 2-years, $20,000, zero-interest...
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