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Javelin Sports sold $50,000 face value of ten-year, 8% bonds payable for $61,583 on J
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On August 31, Pell Co. partially refunded $180,000 of its outstanding 10% note payable made one year ago to National Bank by paying $180,000 plus $18,000 interest, having obtained the $198,000 by using $52,400 cash and signing a new one-year $160,000 not discounted at 9% by the bank. a) Make the... View more questions Search
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