Question: CAN I PLEASE GET SOME HELP ON THIS QUESTION? eBook B Print Question 1 Not complete Marked out of 1.63 P Flag question Determining Sales

CAN I PLEASE GET SOME HELP ON THIS QUESTION?

eBook B Print Question 1 Not complete Marked out of 1.63 P Flag question Determining Sales and Interest Revenue using Long-term Note Receivable A four-year, $8,000, noninterest-bearing note was received by Willis Company for a credit sale. Assuming a market rate of 8%, determine (1) sales revenue recognized upon issuance of the note and (2) interest revenue recognized over the term of the note. Note: Round each answer to the nearest whole dollar. 1. Sales revenue $ 0 2. Interest revenue $ 0 Check eBook Print Videos

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