On October 1, 2020, ABC Manufacturing sold a tract of land that originally cost P400,000. ABC received
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Question:
How much is the amortized cost/carrying value of the note receivable reported in ABC's statement of financial position at December 31, 2021?
Related Book For
Intermediate Accounting Volume 1
ISBN: 978-1119496496
12th Canadian edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
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