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Question - Screensaver Corporation's Accumulated Profits and Losses at December 31, 2014 amounted to P2,000,000. On that date, Screensaver declared and distributed its investment property, that was carried under the fair value model, as property dividend. The investment property which was acquired at a historical cost of P300,000 has a fair market value of P450,000 on December 31, 2014. On the date of declaration and distribution, by what amount should Accumulated Profits and Losses be charged?
1. find the net present value npv and profitability index pi of a project that costs 1500 and returns 800 in year one
Joanna received $76,500 compensation from her employer, value of her stock in ABC company appreciated. What is amount of Joanna's gross income from these items?
a local furniture store is advertising a deal in which you buy a 3000 dining room set and do not need to pay for two
The fund waits until the price adjusts, how many shares can be purchased? What is the gain to such illegal trades? Assume 5,000 shares are outstanding.
Why is capital shown under the liabilities in a horizontal balance sheet. This needs to be explained to an owner who is arguing his capital is his major asset.
On December 31, 2020, the bonds are quoted at 95. What amount should be reported as gain/loss from change in fair value for 2020?
t-account how do you know whether an account has a credit balance or a debit balance? give an example.also give
Your report should discuss the complexity of using seven cost pools and how to reduce the number of cost poolsYour report will include advantages as well as disadvantages of activity-based costing
Determine the possible defences for Ahmad and Partners. Xing Investments Inc. purchased $750,000 of the common stock of Chan, intending to hold the stock
Explain the concept of accountability in general and each category of accountability in the context of the public sector
During the period Moseley produced 160,000 units and sold 80,000 units. Selling price is $10/unit. There was no beginning or ending WIP inventory.
Question - A man took a car loan that cost 65000$ with 5% interest rate. He pay 1500$ annually. How many months to pay off his full loan
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