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Accounting Entries for Long Term Notes Receivable at Par 3 (Intermediate Financial Accounting #15)

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Notepirate

Notepirate

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After taking everything we've calculated from the former video (calculating the present value of the note) we can now recognize the note receivable and make adjustments each year for any interest revenue/income. Learn how to recognize, adjust and derecognize this transaction. Next up is a note at a discount!
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