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Business, 24.10.2019 20:43 patricia1964

Ash includes a $21,000 restricted amount to be used for repayment of the bonds payable in 2025. the cost of the machinery is $192,000. accounts receivable includes a $21,000 notes receivable from a customer due in 2024. the notes payable balance includes accrued interest of $6,000. principal and interest are both due on february 1, 2022. the company began operations in 2016. net income less dividends since inception of the company totals $36,000. 51,000 shares of no par common stock were issued in 2016. 100,000 shares are authorized.

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Ash includes a $21,000 restricted amount to be used for repayment of the bonds payable in 2025. the...
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