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Question - On December 2021, Jackie purchased a capital equipment for P1,600,000. It has a useful life of six years.
Required -
1) How much is to be included in the available input VAT for January 2022?
2) How much is to be included in the allowable input VAT for first quarter of 2022?
3) How much is to be included in the deductions from input VAT for February 2022?
background information for questions 49-50mercedes and manuel recently formed a corporation named mnm inc. or mnm. on
jacks lumber yard receives 8000 large trees each period that it subsequently processes into rough logs by stripping off
Question - A bond has a Duration of 5.5. What will the price change of the bond be if Yield to maturity increases 100 basis points
Whispering Winds Company ended its fiscal year on July 31, 2019. Prepare a retained earnings statement for the year. Prepare an income statement for the year
Under the equity method, what is the amount of the Consolidated CI on December 31, 2020 using the parent company approach
An outside supplier has offered to sell Byron the component for $17. If Bryon purchases the component from the outside supplier, fixed costs would be reduced by $20,000. The manufacturing facilities would be unused and could be rented out for $10,..
The League's experience indicates that 10% of all pledges prove to be uncollectible. What amount should the League report as pledges receivable
On January 1, 2017, it leased to Althaus Company a replicator that had cost $118,900 to manufacture. Prepare Vaughns January journal entries
many organizations like to utilize teams andor groups in the decision-making process. analyze your project and decide
What is the specific citation that describes the guidelines for determining the disclosure requirements?
The company uses the straight-line method of depreciation with no mid-year convention. What is the accounting rate of return on original investment rounded to the nearest percent, assuming no taxes are paid.
Additional expenditures to maintain goodwill for a total of 20 years. What costs should be capitalized and over how many years should they be amortized?
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