FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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On August 1, 2020, Vann Company’s P5,000,000 one year,non interest bearing note due July 31, 2021, was discounted at Homestead Bank at 10.8%. Vann uses
What amount should Vann report for note payable in its December 31, 2020
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