Question: On Jamuary 1 , 2 0 2 4 , Worthington Chandler Company purchased a machine by issuing a $ 1 0 2 , 0 0

On Jamuary 1,2024, Worthington Chandler Company purchased a machine by issuing a $102,000 zero-inferest note. The present value of the note was $88,500. The cost of the machine should be recorded at:
$88.500
$102,000
The future value of $88,500
None of the above
On Jamuary 1 , 2 0 2 4 , Worthington Chandler

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