lisatreshnell
lisatreshnell
13.12.2021 • 
Business

Equestrian Roads accepted a customer's $100,000 zero-interest-bearing six-month note in a sales transaction. The present value of the note at the market rate of interest is $92,000. If the sale was made on June 30, how much interest revenue from this transaction would be recorded for the year ending December 31?

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