Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem 1: Thunder Company purchased a tractor on January 1, 2018 at a cost of P1,600,000 for the purpose of leasing it. The tractor is estimated to have a useful life of 5 years with residual value of P100,000. Depreciation is on a straight line basis. On April 1, 2018, Thunder entered into a lease contract for the lease of the tractor for a term of two years up to March 31, 2020. The lessee paid P600,000, the lease fee for one year. Thunder paid P120,000 commission associated with negotiating the lease, P15,000 minor repairs and P10,000 transportation of the tractor to the lessee during the year. What amount of net rent revenue should be reported for the current year?
A. 80,000
B. 85,000
C. 160,000
D. 235,000
Show how the statement of financial position and the statement of profit or loss of Nyvice Limited are affected by the purchase of the machine tools
Therefore, an increase in advertising of $1200 results in $3000 more gross profit. Given this information, Alcorn's first thought was to borrow $5000 from.
Total manufacturing overhead estimated for the year $115,000 and Predetermined overhead rate $3.50 per MH. How much was actual manufacturing overhead cost
a machine costs 42000 and it has an estimated lifor of 11 years at which time it will have a scrap value of 13000. also
he final paper will be based on appendix 6c illustrative audit case keystone computers at pages 237-244 in your text.
Current equipment purchased 18 years ago cost $2,000,000 (no salvage value) could be sold for $150,000 - Calculate NPV of investing in new equipment
materials quantity variance shows a 3000 unfavorable balance. raw materials inventory shows a zero balance. what was
noncumulative preferred stock and 1,112,000 shares of no-par common stock
Sudler has 2,600 pounds of clay mix in beginning inventory and wants to have 3,000 pounds in ending inventory. What is the total amount to be budgeted in pounds for direct materials to be purchased for the month?
What is diluted earnings per share? What are the differences between the two? How are basic and diluted earnings per share reported on the income statement
What gave Helen the opportunity to perpetrate the fraud? How could this fraud have been detected? Helen Weeks has worked for Bonne Consulting Group
during the past several years the annual net income of avery company has averaged 540000. at the present time the
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd