Carolina Lab Supply sells a dual access laminar flow hood with a list price of $60,000 to

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Carolina Lab Supply sells a dual access laminar flow hood with a list price of $60,000 to BioStart Inc. BioStart Inc. will pay $65,000 in one year and gives Carolina a note payable. This type of note would usually pay interest at 6%.

How much should be recorded as the value of this note?

Related Book For answer-question

Intermediate Microeconomics

ISBN: 978-0393123968

9th edition

Authors: Hal R. Varian

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Posted Date: Mar 27, 2024 02:58 AM

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Carolina Lab Supply sells a dual access laminar flow hood with a list price of $60,000 to

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The value of the note payable should be recorded based on its pres... View the full answer

Intermediate Microeconomics

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