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Problem - On April 1, 2021, Lunar Company loaned P20,000,000 to Eclipse Company. The loan is to repayable after 5 years. Interest on this loan is 3% annually every April 1 of each year starting 2022. Direct origination cost of P478,991 was paid by Lunar and direct origination fee was deducted to the proceeds received by Eclipse Company. The interest effective on this loan is 5% after the origination costs and fees. How much is the direct origination fee?
The Krug Company's Accumulated Depreciation account has a $13,500 balance to start the year. Determine what the current balance equals
part a angela purchased a car for 30000 by putting 20 down in cash with the balance due as a note payable. journalize
Compute the depreciation expense to be recognized each calendar year for financial reporting purposes under the straight-line depreciation method
15% stock dividend when the market value was $10 per share. Use this information to calculate the amount either (debited) or credited to retained earnings.
The beta of the stock is 1.05, and there were 200 million shares outstanding (trading at $60 per share), with a book value of $5 billion. Union Pacific paid 40 percent of its earnings as dividends and working capital requirements are negligible. (..
On March 1, 2015, the company received a room rent payment for one year of Rp 180,000,000 which was recorded as a nominal account. Prepare an adjusting entry
if the mercahdise cost 5000 insurance in transit cost 250 tarriff cost 75 processing the pruchase order by the
pag inc. is a clothing retailer and it has terms from one of its vendors of 110 n30. compute the equivalent annual rate
Each member of the group is to research the annual report (and corporate website) for one major publicly listed Australian corporation
many organizations have been in the news over the past few years due to accounting ethical breaches that have affected
Why do you think U.S. corporate pension funds projected annual returns for private equity to be higher than that of hedge funds for the 2009-2013 period?
For each of the following transactions, complete the tabulation, indicating the amount and net effect (+ for increase and - for decrease) of each transaction
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