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Question - Engr Polo borrowed cash from DBI Bank P1,000,000 payable in 5 years by issuing a 12% note. Engr. used the proceeds of the loan to buy a Land with building worth P2,000,000. 75% of the cost of the land and building is for the building. The unpaid balance of the land and building is on account from Engr Polo's friend who is owner of the land and building. Give journal entry and adjusting entry.
What planning processes were implemented to ensure that your team was effective? Did you feel like you knew why your team was formed
peeler company was incorporated a new business on january 1 2010. the corporate charter approved on that date
Recorded depreciation as follows: Communication equipment is depreciated. Record the transactions in the journal of Whitney Plumb Associates.
What is the present value of a trust fund that earns 8.8% compounded annually and pays out $3,500 every three months in perpetuity
LEO Doe is divorced and has the following tax information
How would you compare the accounting for enterprise funds with that of (a) businesses and (b) governmental funds?
What is Nies's ethical dilemma? What are the alternative solutions? Weigh the impact of each on various stakeholders
Some accountants have advocated that a company's human assets be measured and included directly in the financial statements. For example, cost of hiring and training an employee would be recorded as an asset that is amortized over the employee's e..
after six months of operation brothers lawn service hadthe following revenue and expense account
Wine marketing. A 2001 Danish study published in the Archives of Internal Medicine casts significant doubt on suggestions that adults who drink wine have higher levels of "good" cholesterol and fewer heart attacks.
The Eclipse Video Store Co. is owned and operated by Jared Helms. How would you respond to Jared Helm's request
What are two reasons that Product Managers concern themselves with in-licensing options? Which type of canvas is used for insights around execution details
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