What is the carrying value of the note as of september, Accounting Basics

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What is the carrying value of the note as of september

Please explain with answer : On June 1, 2013, Dirty Harry Co. borrowed cash by issuing a 6-month noninterest-bearing note with a maturity value of $480,000 and a discount rate of 7%. Assuming straight-line amortization of the discount, what is the carrying value of the note as of September 30, 2013?

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Accounting Basics: What is the carrying value of the note as of september

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Accounting Basics: What is the carrying value of the note as of september

Reference No:- TGS0691912

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Recent Questions Asked Accounting Basics

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Request for Solution File

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Accounting Basics: What is the carrying value of the note as of september

Reference No:- TGS0691912

Recent Questions Asked Accounting Basics

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