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Question - On October 1, 2020, Yost Company purchased 4,000 of tb P1,000 face amount, 10% bonds of Pell Company for P4,400,000 which included accrued interest of P100,000.
The bonds, which mature on January 1, 2027, pay interet semiannually on January 1 and July 1.
The entity used the straight line method of amortization and appropriately recorded the bonds as financial asset at amortized cost.
Required - Prepare journal entries for 2020 and 2021.
Create a list of 20 interview questions that are designed to enhance confidence and develop self-awareness in a client while providing you with insight into your client's thoughts and perceptions about his or her use of substances. Your questions ..
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CVP exercises. The Doral Company manufactures and sells pens. Currently, 5,000,000 units are sold per year at $0.50 per unit. Fixed costs are $900,000 per year.
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