Question: from goods available for me and the conventional method and the cost method, there is only one difference. That difference is whether we deduct The
from goods available for me and the conventional method and the cost method, there is only one difference. That difference is whether we deduct The ending investory is not able for an ancial statements chel Al Al QUESTION 12 On January 1, 2020, Jusuf Industries exchanged equipment for an $786,000 zero-interest-bearing note due on January 1, 2 The market rate of interest for a note of this type at January 1, 2020 was 10%. The present value of the note discounted at 10% for three periods is $589,500. What amount of interest revenue should be included in Jusuf's 2020 income statement? $78,600 $0 $64,845 $58,950 QUESTION 12 On January 1, 2020, Jusuf Industries exchanged equipment for an $786,000 zero-interest-bearing note due on January 1, 2 The market rate of interest for a note of this type at January 1, 2020 was 10%. The present value of the note discounted at 10% for three periods is $589,500. What amount of interest revenue should be included in Jusuf's 2020 income statement? $78,600 $0 $64,845 $58,950
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