On december 31, 2020, skysong inc. rendered services to beghun corporation at an agreed price of $111,233, accepting $43,600 down and agreeing to accept the balance in four equal installments of $21,800 receivable each december 31. an assumed interest rate of 11% is imputed. prepare an amortization schedule. assume that the effective-interest method is used for amortization purposes.
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On december 31, 2020, skysong inc. rendered services to beghun corporation at an agreed price of $11...
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