Randomkid0973
18.03.2021 •
Social Studies
2 aspectos positivos y 2 aspectos negativos de la tribu de pocahontas
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Ответ:
Dr Cash 1,166,400
Cr Notes Receivable 1,000,000
Cr Interest Revenue 166,400
Explanation:
To determine the net amount of the notes receivable that will be recorded, we must determine the present value of the note:
present value = 1,166,400 / (1 + 8%)² = 1,166,400 / 1.1664 = 1,000,000