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Question - BBB Company factored P6,000,000 of accounts receivable to a finance entity at the beginning of current year. Control was surrendered by BBB Company. The factor assessed a fee of 3% and retained a holdback equal to 5% of the accounts receivable. In addition, the factor charged 15% interest computed on a 30 - day per month basis to maturity of the accounts receivable for 54 days. What is the amount of cash initially received from the factoring?
Discuss an environmental occupational toxicant that has been in the news within the last 6 months 12/25/2017
Compute the equivalent units of production for the first department for April, assuming the company uses the weighted-average method of accounting
Foam Pet Mattress Company can sell as many pet bed models A and B that it can produce, but the company has limited production capacity. It can produce two units of A or three units of B per hour and it has 4,000 production hours available.
The stock of Quail Corporation is held as follows: 85% by Pheasant Corporation and 15% by Gisela, Compute Quail recognized gain or loss
Prepare the journal entries Microsoft used to record the declaration and payment of the cash dividend for its 8,908 million shares.
the Highlands Company began construction on a new manufacturing facility for its own use. The building was completed in 2017
to what extent if any should store employees - many of whom will be university students working part-time - be
This costs him R650.00 per week. He sells 50 boxes of fruit for R250.00 and 100 boxes of fruit for R350.00. What is the dependent variable in this scenario
Prepare a summary journal entry to record the indicated costs assuming that the company uses the successful efforts method of accounting for exploration costs. All of the exploration costs were paid in cash.
polaris offers extended service contracts that provide repair and maintenance coverage over its products. as you
josh beach contributed landinventory and 24000 cash to a partnership. the land has a book value of 65000 and a market
garza and neely cpas are preparing their service revenue sales budget for the coming year 2012. the practice is divided
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