please help keep getting wrong answers in blue For each case, provide the missing information. (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab you will be marked wrong.) For each case, provide the missing information. (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab you will be marked wrong.) Item Case 1 Case 2 Case 3 Notes receivable, face value $ 900,000 $ 1,000,000 $ 2,000,000 Initial carrying value $ 746,756 $ 901,819 $1,800,000 Market rate 10% 8% 12.83% Stated rate 8% 7% 10% Term of bonds (in years) 20 20 5 Note receivable discount (153,244) 98,181 200,000 Interest income over the note's term 1,593,244 1,498,165 1,200,000
please help keep getting wrong answers in blue For each case, provide the missing information. (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab you will be marked wrong.) For each case, provide the missing information. (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab you will be marked wrong.) Item Case 1 Case 2 Case 3 Notes receivable, face value $ 900,000 $ 1,000,000 $ 2,000,000 Initial carrying value $ 746,756 $ 901,819 $1,800,000 Market rate 10% 8% 12.83% Stated rate 8% 7% 10% Term of bonds (in years) 20 20 5 Note receivable discount (153,244) 98,181 200,000 Interest income over the note's term 1,593,244 1,498,165 1,200,000
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter20: Activity-based Costing (abc)
Section: Chapter Questions
Problem 5R
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