Elance Exams Answers PDF file

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Download PDF file of elance Zoho Creator Exam Answers
elance-zoho-creator-exam.pdf

If a company receives cash in exchange for a note and the present value of the note is less than the amount of the note, the difference is :

Depreciated using the "Effective Interest method"
Amortized using the "Effective Interest method"
Placed in a contra asset account for notes payable
Amortized using the "Accrual method"
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