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Questions -
Q1. What amount will be the present value of the following cash flows, given that the discount rate is 10% annually?
Beginning of Year
Cash Flow
1
$2,500
2
2,750
3
3,000
4
3,250
5
3,500
Q2. Flora Company has recorded the following cash flows at the end of each year for a project. If the discount rate of Flora Company is 11%, how much is the present value of the project?
Year
$794,633
542,149
836,200
716,080
520,354
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Sale and deposit of P17,290 was entered in the sales journal and cash receipts journal as P17,920. What is the reconciled bank and book balances at September
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From the following transaction situations, calculate the expense or revenue to be attributed to the accounting period under accrual accounting
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Company uses the interest method to amortize bond discount. Determine the interest expense of the Bonds on December 31, 2008.
June 29. Received the amount due on the dishonored note plus interest for 30 days at 12% on the total amount charged to Gymboree Company on May 30.
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