shannon company deposit | Accounting homework help
On January 1, 2011, Shannon Company completed the following transactions (assume a 8 percent annual interest rate): (Use Table 1, Table 2):1. Bought a delivery truck and agreed to pay $54,000 at the end of three years.2. Rented an office building and was given the option of paying $17,000 at the end of each of the next three years or paying $35,000 immediately.3. Established a […]