Question: View Policies Current Attempt in Progress On January 1 , 2 0 2 1 , Cullumber Company sold goods to Bramble Company for $ 4

View Policies
Current Attempt in Progress
On January 1,2021, Cullumber Company sold goods to Bramble Company for $401200 in exchange for a 4-year, zero-interest-bearing note with a face amount of $631294(imputed rate of 12%). The goods have an inventory cost on Cullumber's books of $240000. What amount of Sales Revenue should Cullumber recognize in 2021?
$230094
$240000
$631294
$401200
View Policies Current Attempt in Progress On

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