Aaron Anatole accepted a $ 250,000, four- year, non- interest- bearing note receivable upon a sale..

Aaron Anatole accepted a $ 250,000, four- year, non- interest- bearing note receivable upon a sale. The current market rate of interest is 8%. The note is not publicly traded. Prepare the journal entry to record the sale. Ignore cost of goods sold. View Solution:
Aaron Anatole accepted a 250 000 four year non interest