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Questions -
Q1. A loan of $36,000.00 at 5.00% compounded semi-annually is to be repaid with payments at the end of every 6 months. The loan was settled in 5 years.
a. Calculate the size of the periodic payment.
b. Calculate the total interest paid.
Q2. Blake made periodic deposits into a savings account at the end of every month for 5 years. The investments were earning 6.00% compounded quarterly and grew to $12,375.00 at the end of 5 years.
a. Calculate the size of the month-end deposits.
b. How long will it take for the $12,375.00 to accumulate to $31,365.00 if the interest rate remained the same and he continued making the same month-end deposits throughout the term?
Identify the financial report assertions for the audit of inventory at ABC that you believe would be assessed as high risk. Provide reasons for your choice
The interest earned on those deposits. How should the sinking fund be reported in the company's balance sheet at December 31, 2003?
What about public company audits and audit planning? Please elaborate on other sources for audit standards other than the AICPA?
the capital project fund has just been created to account for resources received and expended for the construction of a
the inventive co. is considering a new project. this project requires an initial cash investment of 70000. the project
On January 1, 2017, Klosterman Company issued $458,500, 11%, 10-year bonds at face value. Prepare the journal entry to record the issuance of the bonds
Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Note: Open additional stockholders' equity accounts)
What are two reasons that the application of Generally Accepted Accounting Principles (GAAP) in financial statement
Write an 1,800- to 2,000-word paper using APA format in which you briefly describe background Jean Watson's theory of caring. The paper
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Define and explain the differences between a cloud based accounting system and a traditional accounting system. Based on your findings make a recommendation outlining which size and type of businesses would benefit from moving to a cloud based AIS
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