Business, 29.11.2019 07:31 jaydenrenee111902
On december 31, 2020, riverbed co. performed environmental consulting services for hayduke co. hayduke was short of cash, and riverbed co. agreed to accept a $281,500 zero-interest-bearing note due december 31, 2022, as payment in full. hayduke is somewhat of a credit risk and typically borrows funds at a rate of 11%. riverbed is much more creditworthy and has various lines of credit at 6%. prepare the journal entry to record the transaction of december 31, 2015, for the riverbed co.
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On december 31, 2020, riverbed co. performed environmental consulting services for hayduke co. haydu...
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