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On March 1,2015,Vantage Services Issued a 5% Long-Term Notes Payable

question 132

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On March 1,2015,Vantage Services issued a 5% long-term notes payable for $15,000.It is payable over a 3-year term in $5,000 principal installments on March 1 of each year,beginning March 1,2016.Which of the following entries needs to be made at March 1,2015?


Definitions:

Structured Set

A carefully planned and organized collection of elements or instructions designed to achieve a specific educational or therapeutic outcome.

Learning Outcomes

Statements that specify what learners will know or be able to do as a result of a learning activity, often used to assess the effectiveness of educational programs.

Curriculum

A structured set of educational and instructional materials and guidelines designed to achieve specific learning objectives.

Scope and Sequence

An outline of the topics and order in which they will be taught in a curriculum over a specific period of time.

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