Prepare the appropriate journal entry to record the
Question- Bencorp issues a $90,000, 6-month, noninterest-bearing note that the bank discounted at a 10% discount rate.
Required: 1. Prepare the appropriate journal entry to record the issuance of the note. 2. Determine the effective interest rate.
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question- bencorp issues a 90000 6-month noninterest-bearing note that the bank discounted at a 10 discount
question- on november 1 2013 a 216000 9-month noninterest-bearing note is issued at a 10 discount rate required prepare
question- on november 1 2013 ziegler products issued a 200000 9-month noninterest-bearing note to the bank interest was
question- stern corporation borrowed 10 million cash on september 1 2013 to provide additional working capital for the
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