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!
Question - On January 1, 2021, an entity entered into a 5-year lease with a lessor. Annual lease payments of P1,200,000 including annual executory cost of P200,000 are payable at the end of each year. The entity knows that the lessor expects an 8% implicit rate on the lease. The entity has a 10% incremental borrowing rate. The equipment is expected to have a useful life of 10 years. In addition, a third party has guaranteed to pay the lessor a residual value of P500,000 at the end of the lease. The present value of an ordinary annuity of 1 for 5 years is 3.99 at 8% and 3.79 at 10%. The present value of 1 at 8% for 5 periods is 0.68 and at 10% for 5 periods is 0.62. On December 31, 2021, what is the principal amount of the lease obligation?
Mock company does not segregate sales, Compute sales taxes payable and make the entry to record sales and sales taxes payable
The amount that is charged as an expense for 2010 for the cost of the minerals sold during 2010.
Give numerical example explaining the concept of Equivalent number of units. Discuss the advantages of using equivalent number f units?
What is the allocated cost of the sold items. The company allocates joint costs on a value basis
For bonds of similar risk and maturity the market yield is 15%. What was the issue price of the bonds? The bonds mature in 2031 (10 years)
Calculate the annual sales revenues and costs (other than depreciation). Why is it important to include inflation when estimating cash flows?
Keenan Industries has a bond outstanding with 15 years to maturity, an 8.25% nominal coupon, semiannual payments, and a $1,000 par value. The bond has a 6.50% nominal yield to maturity, but it can be called in5 years at a price of $1,120. What is ..
1. what is the international accounting standards board?2. what stakeholders might benefi t from the use of
What are the differences in income and sales tax consequences for an e-commerce retailer if they delivered their products physically through mail
Calculate the latest finish for Task B if its predecessor, Task A, finishes on day 3, its succeeding activity, Task E, has a latest start of day 7
Also, $15,000 was subject to state (4.2%) and federal (0.8%) unemployment taxes. Journalize the entry for the employer's payroll tax expense
MBA 520- How might the organization better capitalize on non-financial factors such as market share, reputation, human resources, physical facilities, or patents? Support your response with relevant research and analysis.
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