Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - On December 1, 2017, ABC Company assigned P400, 000 of accounts receivable to DEF Company as a security for a loan of P335, 000. ABC Company charged a 2% commission on the amount of the loan; the interest rate on the loan was 10%. During December, ABC collected P110, 000 on assigned accounts after deducting P380 of discounts. ABC accepted returns worth P1,350 and wrote-off assigned accounts totalling P2, 980
Required - How much cash did ABC receive from DEF at the time of transfer?
a. P335, 000
b. P301, 500
c. P328, 300
d. P327, 000
e. Answer not given
On December 31, 2010, Krypton reported a net income of $735,000 for the year. National Star uses the equity method in accounting for its investment in Krypton Labs.
in its first year of operations best corp. had income before tax of 460000. best made income tax payments totaling
What do both Dethier and Lamott suggest that writers do in order to feel less anxious about starting a piece of writing - Which of Dethier's 7 tips on responding to feedback (pages 8-9) do you think will be most useful for you?
How is the interpretability of the various financial ratios affected by the mixed attribute valuation model that is used in U.S. GAAP
In 1990, Cheyenne Company completed the construction of a building at a cost of $2,160,000, Compute the annual depreciation to be charged, beginning with 2019
On January 1, 2018, Coronado Industries sold $5100000 of its 8%. What amount should Coronado report as interest expense
Caroline Inc. currently pays a dividend of $2.70, and the company's dividend is expected to grow by 4% per year. Calculate Caroline stock price
What is the average cost per unit produced? Your answer should be input to two decimal places, without using a dollar sign or commas.
The corporation decided to change its method of inventory pricing from average-cost to the FIFO method
Identify the control principle that you violated and explain how that violation could allow fraud to occur. What controls might be appropriate to use in the future?
Prepare the journal entry to record Tanner-UNF's investment in the bonds on July 1, 2021 and interest on December 31, 2021, at the effective (market) rate
Cost Accumulation and Allocation Saouma Manufacturing Company has two departments, machining and finishing. For a given period, the following costs.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd