jcrowley7664 jcrowley7664

19-04-2024
Business

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ABC ltd sells Furniture and offers an interest-free period of 12 months to qualifying customers. Customer X purchased a Furniture item on 30th June 2022 and the cash sales price is 20000. Customer X paid 20000 on 30th June 2023. The end of ABC ltd's reporting period is 30 June. ABC ltd determines that an appropriate discount rate for imputing interest to the transaction is 4

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