(Answered) Truck has a list price of 35900 is acquired by making a

Accounting

Truck has a list price of $35,900 is acquired by making a down payment of $10,000 cash down payment and a zero-interest-bearing 2-year note. The note is to be paid off in two $15,000 installments made at then end of the first and second years.

Record the acquisition (journal entry)

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