Question: BVA Corporation issued a $ 9 6 , 0 0 0 , non - interest - bearing. 3 - year 1 . following statements is

BVA Corporation issued a $96,000, non-interest-bearing. 3-year 1. following statements is true regarding this non-cash loan?
No answer text provided.
BVA will recogntre the tand at $60,000, the loan at $96,000, and a loss c interest expense on this loan.
BVA will recognize the land and the loan at $96,000, and BVA will not red
BVA will recognize the land and the loan at $60,000, and BVA will recogn three years using the implicit market interest rate.
BVA cannot engage in a zero interest loan and must renegotiate this loans
BVA Corporation issued a $ 9 6 , 0 0 0 , non -

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