User Account

All Pages

How will payment be applied to the debts

Assignment Help Accounting Basics
Reference no: EM133162945

Question - A owes B P 1,000,000.00 by way of loan, P 2,000,000.00 for a car he bought from the, and P500,000.00 for unpaid medical services. At this date, A only has properties amounting to P3,000,000.00. All debts are due and demandable at this date. If A pays B the whole P3,000,000.00, how will payment be applied to the debts? Explain your answer fully.

Reference no: EM133162945

Questions Cloud

Conducting a search of the internet : Select a business you are familiar with or by conducting a search of the internet. Identify its business structure. Explain the advantages and disadvantages of
Explain types and methods of employee evaluations : Employee Evaluations, Employee Resistance, the Role of the Supervisor Handling Disciplinary Problems and the Procedure for Terminating Employees
What kind of skills would an interviewer : How is each coping with his or her crisis? What kind of skills would an interviewer need to have in order to effectively help each of these individuals
The changing role of human resources : As a student who will shortly complete their undergraduate studies in human resources, you have a broad and comprehensive knowledge of human resources.
How will payment be applied to the debts : All debts are due and demandable at this date. If A pays B the whole P3,000,000.00, how will payment be applied to the debts? Explain your answer fully
Creating stress free environment in the workplace : Identify and explain sub topics relating to creating stress free environment in the workplace?
Legal aspects and compensation benefits : 1. Research 2 labor laws and explain what they are and how they affect the Hospitality industry, Give your opinion on how effective you think they are and what
What is behavior modeling training : What is Behavior Modeling Training (BMT) and explain the key components of it?
Describe legal obligations bombardier management : Describe what legal obligations Bombardier management has toward members of the Bombardier bargaining unit (its employees)? What action can a unionized employee

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd