On April 1, 2023, Teleworks Company lent $100,000 to IT Industries. IT Industries pays back in full

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On April 1, 2023, Teleworks Company lent $100,000 to IT Industries. IT Industries pays back in full the note plus 10% interest on April 1, 2024. Determine the investing cash flows to be reported by Teleworks Company in 2024.

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Financial Accounting

ISBN: 9781260786521

6th Edition

Authors: David Spiceland

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