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Question 1: On January 1,2019, an SME acquired goods for sale in the ordinary course of business for P1,000,000, including P50,000 refundable purchase taxes. The supplier usually sold the goods on 30 days' interest-free credit. However, as a special promotion, the purchase agreement for these goods provided for payment to be made in full on December 31,2019. In acquiring the goods, transport charges of P20,000 were incurred. The cost of purchase is
What is consolidated net income for Placid Lake and its subsidiary and how would consolidated net income be allocated tothe controlling and non-controlling interest?
question use the internet to research two publically traded united states companies and download their financial
Assume that partnership is profitable and that its tax yer ends December 3, but one of the partners tax year ends on September 30. does a partner enjoy tax be befits or detriment from the partnership use of a December 31,tax year ends? Explain?
What conditions must be met for a transfer of receivables with recourse to be accounted for as a sale?
What would happen to the risk premium- if the economy went into a strong expansion?- if the economy went into a deep cession?
Explain the parts of the cash flow statement. What elements of the cash flow statement do you think are most important for company management to monitor and
Disposal of capacitors is very costly, so what is the probability that the disposal of such capacitors will be regulated?
Calculate average cost for each unit. Bieber Inc. is a retailer operating in Calgary, Alberta. Bieber Inc. uses the perpetual inventory method.
PUBLIC FINANCE -HIGHER NATIONAL DIPLOMA IN ACCOUNTANCY-ACC 316-Explain in single terms the meaning of public finance.
computation of lossgain on retirement of bonds.on june 30 2007 country inc had outstanding 10 percent1000000 face
The Scoggin Corporation is evaluating the following project. The CFO has determined that the appropriate risk-adjusted discount rate is 8%.
Which party, the one that bought the contract, or the one that sold the contract, made the profit? How much is the profit? The forward contract
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