Issued for property-goods and services


When a note payable us issued for property, goods and services, the present value of the note is measured by:

a the fair value of the property, goods, or services

b the market value of the note

c using an imputed interest rate to discount all future payments on the not

d Any of these

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Accounting Basics: Issued for property-goods and services
Reference No:- TGS078429

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