Assuming 10 approximates the market rate of return what


Question - Equestrain Roads sold $50,000 of goods and accepted the customer's $50,000 10% 1-year note receivable in exchange. Assuming 10% approximates the market rate of return, what would be the debit in this journal entry to record the sale?

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Accounting Basics: Assuming 10 approximates the market rate of return what
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