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What is amortization of discount on notes receivable

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Question 1:  ____Issued preferred stock in exchange for equipment.

Question 2:____ Bad debts (under allowance method) estimated and recorded for the period (receivables classified as current).

Question 3: ____Gain on disposal of old machinery.

Question 4: ____Payment of cash dividends (previously declared in a prior period).

Question 5: ____Trading securities are sold at a loss.

Question 6: ___Two-year notes issued at discount for a patent.

Question 7: ____Amortization of Discount on Notes Receivable (long-term).

Question 8: ____Decrease in Retained Earnings Appropriated for Self-insurance.

Reference no: EM132478523

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