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Question - On January 1, 2022, AA Company sold an equipment costing P5,000,000 and accumulated depreciation of P1,500,000. AA received a P1,000,000 cash and a 10%, 5-year, P7,000,000 note receivable every December 31 in equal annual installment of P1,000,000 plus interest starting December 31, 2022. Interest effective on this note when received is at 8%. How much is the interest income in AA's statement of comprehensive income for the period ending December 31, 2022?
Joseph paid 1,750 in qualifying expenses for his daughter who attended a community college how much is Joseph's lifetime learning credit
Using the Internet, library, or other resources, research and briefly explain 2-3 methods currently being used to encourage economic growth for the typical firm in Hong Kong and for the typical firm in Singapore.
(Identification of activities with funds and identifying funds with the appropriate measurement focus and basis of accounting).
calculate the retained earnings for 2020, during which his business earned a record $80,000
wood company has beginning work in process inventory of 108000 and total manufacturing costs of 477000. if cost of
issued preferred stock for the first time 400 shares 6percent cumulative par 100 sold for 130 per share 100000 shares
Oct. 31 Issued $600,000 of 10-year, 7%, callable bonds dated October 31, 20-1, for $612,000. Enter the preceding transactions in general journal form
How an overall variance is divided into a cost variance and a volume variance, and makes recommendations that could help avoid variances
a b and c start running simultaneously from the points p q and r respectively on a circular track. the distance when
on april 1 bear inc. paid 2400 for an insurance premium on a three-year insurance policy. at the end of december bears
\The bonds were quoted at 94 and pay interest quarterly on September 30th and December 31st. What were the total proceeds of the bond issue at the time of sale?
The need for an ERM framework has been driven by regulatory demands and the complexities of business. What role does culture play in risk management
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