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Business, 11.03.2020 01:19 ipolk92

Ceres Corporation acquired a note receivable near the end of 2019 and elected the fair value option. The note had a fair value of $750,000 and a carrying amount of $590,000. On December 31, 2020, the note had a fair value of $790,000. What would Ceres record on December 31, 2020

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Ceres Corporation acquired a note receivable near the end of 2019 and elected the fair value option....
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