Jones Delivery Services bought a truck by paying $84,000 cash down and signing a $248,000 non-interest-bearing note

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Jones Delivery Services bought a truck by paying $84,000 cash down and signing a $248,000 non-interest-bearing note due in five years for the balance. Compute the amount that should be charged to the asset account.

Related Book For answer-question

Fundamentals of Cost Accounting

ISBN: 978-0077398194

3rd Edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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Posted Date: Feb 18, 2020 12:38 AM

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Jones Delivery Services bought a truck by paying $84,000 cash down and signing a $248,000 non-interest-bearing note

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Fundamentals of Cost Accounting

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