sjrcpa
Level 15
12-07-2019
05:17 AM
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If old loan 1 was 30K and old loan 2 was $50K and new loan is 80K the principal did not change. If so, I'd leave the 2 installment sales. Each year prorate the payments rec'd between each sale.Did both sales have the same Gross Profit %?
Ex-AllStar
Ex-AllStar