Pilsbury co bought machines on january 1 2013 the company


Problem

Pilsbury Co. bought machines on January 1, 2013. The company signed a note to pay $32,000 for the machines on December 31, 2014. The market interest rate is 10%. Record the journal entries for this transaction. Round to the nearest dollar.

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Accounting Basics: Pilsbury co bought machines on january 1 2013 the company
Reference No:- TGS02752301

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