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Business, 28.11.2019 23:31 issaaamiaaa15

Polo publishers purchased a multi-color offset press with terms of $25,000 to be paid at the date of purchase, and a noninterest-bearing note requiring payment of $10,000 at the end of each year for three years. the interest rate implicit in the purchase contract is 11%. polo would record the asset at:

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Polo publishers purchased a multi-color offset press with terms of $25,000 to be paid at the date of...
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