On decemeber 1 2014 parsons sales sold machinery to a, Ask an Expert

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On Decemeber 1, 2014, Parsons Sales sold machinery to a customer for 2,000. The customer could not pay at the time of sale, but agreed to pay 9 months later, and signed a 9-month note at 12% interest. What was the total amount of cah collected by Parsons when the note matured?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9976228

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