Purchasing Inc. purchases a bulldozer from Selling Inc. on Jan 1st,2023 using a note payable....
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Purchasing Inc. purchases a bulldozer from Selling Inc. on Jan st using a note payable. The note payable stipulates that Purchasing Inc. will make four payments of $ to Selling Inc. on Jan st; Dec st; Dec st; Dec st The interest rate on this note payable is Record all journal entries for both Purchasing and Selling Inc. over the life of the machine.
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