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 on 1/8/2019 "ABC" Company sold a truck to "CDC" Company for $145,000

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 on 1/8/2019 "ABC" Company sold a truck to "CDC" Company for $145,000. The buyer ("CDC" Company) paid $45,000 cash and signed a 9-month, 12% note for the balance. Based on the above-given information, answer the following questions: 1. What is the amount that "ABC" company should receive on the maturity date? o The Answer is: 2. If "ABC" Company has a calendar year, Then the company must present: • For the year ended 31/12/2019, the must present Interest revenue with an amount of on its . As on 31/12/2019 The note receivable must be presented on the statement of financial position as a • with an amount of • For the year ended 31/12/2020, the company must report interest revenue with an amount