On February 1, 2023, Stealth Trucks sold a diesel rig to Kansas Transports for $250,000, receiving a $50,000 down payment and a 12 month, 10 note for the balance Principal and interest are due at maturity, and the 10 interest rate reflected the market rate of interest at the time of sale On August...

Journal Entries on August 1 2023 1 Interest Revenue for the period DebitAccounts Re ...

On February 1, 2023, Stealth Trucks sold a diesel rig to Kansas Transports for $250,000, receiving...

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On February 1, 2023, Stealth Trucks sold a diesel rig to Kansas Transports for $250,000, receiving a $50,000

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Accounting For Governmental And Nonprofit Entities

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Authors: Jacqueline Reck, Suzanne Lowensohn, Daniel Neely

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On February 1, 2023, Stealth Trucks sold a diesel rig to Kansas Transports for $250,000, receiving...

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Accounting For Governmental And Nonprofit Entities

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