When a note's stated rate of interest is unrealistic relative to the market rate, the concept of

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When a note's stated rate of interest is unrealistic relative to the market rate, the concept of substance over form should be employed. Explain.

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Intermediate Accounting

ISBN: 9781259722660

9th Edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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Question Posted: Jul 05, 2013 06:49 AM

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When a note's stated rate of interest is unrealistic relative to the market rate, the concept of

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Intermediate Accounting

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