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Business, 02.10.2019 03:10 2003loganreed

Gold co. purchased equipment from marshall co. on july 1. gold paid marshall $10,000 cash and signed a $100,000 noninterest-bearing note payable, due in three years. gold recorded a $24,868 discount on notes payable related to this transaction. what is the acquired cost of the equipment on july 1?

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Gold co. purchased equipment from marshall co. on july 1. gold paid marshall $10,000 cash and signed...
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