schnefai000

13.03.2020 • 

Business

On January 1, 2017, Monty Corporation sold a building that cost $261,490 and that had accumulated depreciation of $102,790 on the date of sale. Monty received as consideration a $251,490 non-interest-bearing note due on January 1, 2020. There was no established exchange price for the building, and the note had no ready market. The prevailing rate of interest for a note of this type on January 1, 2017, was 9%. At what amount should the gain from the sale of the building be reported?

Ответ:

zitterkoph

12.06.2022

Business

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The answer to your question is “Upselling”

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