Question: On December 3 1 , 2 0 2 5 , Riverbed Company acquired a computer from Plato Corporation by issuing a $ 6 3 3

On December 31,2025, Riverbed Company acquired a computer from Plato Corporation by issuing a $633,000.00 zero-interest-bearing note, payable in full on December 31,2029. Riverbed Company's credit rating permits it to borrow funds from its several lines of credit at 12%. The computer is expected to have a 5-year life and a $66,000 salvage value.
Click here to view factor tables.Prepare any necessary, adjusting entries relative to depreciation use straight line and amortization use effective interest method on December 31,2026. Also create a schedule of note discount amortization over five years, include debit interest expense, and carrying value of note
On December 3 1 , 2 0 2 5 , Riverbed Company

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