On December 31, 2022, Regent ple rendered services to Begin Group at an agreed price...
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Accounting
On December 31, 2022, Regent ple rendered services to Begin Group at an agreed price of 154,203, accepting 40,000 down and agreeing to accept the balance in six equat installments of t22,500 receivable every semester. An assumed interest rate of 10% s.a is imputod. Instructions Prepare the entries that would he recorded by Regent plc for the sale and for the recipes and interest on the following datos. (Assume that the effective-interest icthod is used for amortization purposes.) December 31. 2022. December 31, 2024. December 31. 2025
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