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!
Questions -
Q1. Bergs Co. purchased two machines for P250,000 each on July 2, 2021. The machines were put into use immediately. Machine A has a useful life of five years and is solely used for one research project. Machine B will be used for two years on a research and development project and then used by another division for another eight years. Bergs uses the straight-line method of depreciation. What amount should Bergs include in 2021 as research and development expense?
Q2. On January 1, 2022, Bergs Corp owns 15,000 ordinary shares representing 15% of the shares outstanding of Knowie Corporation. The ordinary shares were acquired on November 12, 2021 at a cost of P750,000 and have a fair value of P800,000 on December 31, 2021. On January 2, 2022, Bergs sold half of its investment for P50 per share incurring a brokerage and commission expense of P10,000. How much is the gain on sale on January 2, 2022?
Determine The present value of the principal and The present value of the interest
If Loren is in the 32% tax bracket, how much must the Corporate bond pay for Loren to be indifferent as to which to buys
What are implications of the differences in these two different financial reporting systems? What are two benefits and two challenges with each?
What is the present value of $100.00 to be paid at the beginning of each year for the next 4 years if the effective rate of return is 6% per annum
On February 17, 2010, a flood destroyed the work in process inventory and half the raw materials inventory of the LRT Company.
what is an example of a potentially unethical accounting situation?why is the situation unethical?how do ethics affect
GM purchased $50 million of equipment that has an expected useful life of 4 years and no salvage value. Calculate the depreciation schedule for the four years
The Internal Revenue Code allows some accountable events to be considered differently for income tax reporting purposes and financial accounting purposes, while other accountable events must be reported the same. Identify an event related to inve..
Briefly summarize the new product and some of its features. What market is this new innovation being targeted towards? What about that market created a necessity for this new innovation?
Amando took out a life insurance policy for P1,000,000.00 naming his wife as beneficiary. How much is the taxable income
hurd company acquired a building valued at 160000 for propertytax purposes in exchange for 10000 shares of its 5 par
Determine the breakeven point in sales dollars.Determine the required sales in dollars to earn a before-tax profit of $8,000,000.
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