Question: years at 1 2 % is $ 5 , 6 7 4 , 2 7 . Baxter Company will record this exchange with a .

years at 12% is $5,674,27. Baxter Company will record this exchange with
a. a debit to Cash for $5,674.27.
b. a debit to Equipment for $10,000.
c. a credit to Discount on Notes Payable for $4,325.73.
d. none of these choices
years at 1 2 % is $ 5 , 6 7 4 , 2 7 . Baxter

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