Question: When a note payable is issued for property, goods, or services, the present value of the note should preferably be measured by? a)the fair value

When a note payable is issued for property, goods, or services, the present value of the note should preferably be measured by?

a)the fair value of the debt instrument.

b)the fair value of the property, goods, or services.

c)the present value of the debt instrument.

d)the present value of the property, goods or services.

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