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 January 1, 2017, TalonFlames bought a machine from Blames Co. in lieu of cash payment, TalonFlames gave Blames a 4 year P4,000,000, 15% note payable. Principal is due on December 31, 2020 but interest is due annually every December 31. The prevailing interest rate for this type of note is 10%. (PVF 4 Decimal)
How much is the cost of the machinery acquired on January 1, 2017?
How much is the carrying amount of the note on December 31, 2017?
How much is the current portion of the note on December 31, 2017?
Calculate the effect of this acquisition on operating leverage and explain any change. (Round your answer to two decimal places.)
If Jacob deposit $10,000 in a bank account that pays 3% interest annually, how much will be in his account after 10 years (to two decimal places)
A company issues $10,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2014. Interest is paid on June 30 and December 31. The proceeds from the bonds are $9,802,072. Using effective-interest amortization, what will the carrying value of the bond..
decision making as to process further or sale out.sonimad sawmill manufactures two lumber products from a joint milling
Make responsibility report for the Real Estate Products Division for 2020. Sunny Co. is operated as a profit center. Sales for the division were budgeted
Prepare the adjusting entries as of March 31, 2020 and the computations in good form. During the quarter, SRS collected in advance Php 50,000 from clients
Balance the accounts and prepare pre-closing trial balance in proper form with complete title and column headings. Record transactions in the General Journal
What is the amount of revenue to be recognized for the heavy machinery? Konza Son Bhd sells a heavy machinery with one year's free maintenance service
Six thousand pounds of materials were purchased at P2.20 a pound. How much is the materials price variance
On January 1, Year One, a company starts a defined contribution pension plan. The contract with the employees requires the company to convey to a trustee $10,000 each year for every current employee who has been working for the company one year or mo..
In terms of evaluating mutually exclusive projects, the internal rate of return (IRR) method may mistakenly favor investment proposals with
Prepare the tax related journal entries to record income taxes for 2019. Show in detail computations to support your answers
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