3. If money is invested at 13% compounded quarterly, find the present value of P11,200 due at the end of 2 years and 9 months. Solution:

Please do not give solution in image format ?

Wildhorse Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. During the last part of 2025. Wildhorse had the following transactions related to notes payable Sept. 1 Sept. 30 Oct. 1 Oct. 31 Nov. 1 Nov. 30 Dec. 1 Dec. 31 Issued a $13,200 note to Pippen to purchase inventory. The 3-month note payable bears interest of 9% and is due December 1. (Wildhorse uses a perpetual inventory system) Recorded accrued interest for the Pippen note. Issued a $22,800, 9%, 4-month note to Prime Bank to finance the purchase of a new climbing wall for advanced climbers. The note is due February 1. Recorded accrued interest for the Pippen note and the Prime Bank note. Issued a $24,000 note and paid $7,600 cash to purchase a vehicle to transport clients to nearby climbing sites as part of a new series of climbing classes. This note bears interest of 6% and matures in 12 months. Recorded accrued interest for the Pippen note, the Prime Bank note, and…

1. When would you choose to give a refund after creating a Credit Memo?   2. When would you choose to retain an available credit after creating a Credit Memo?

I need an example of filling out a journal for Payment of interest

Godo

How does a revolving line of credit work? Please do not copy and paste

Fill in the blanks to complete   sentence. 9.The loan guarantee is issued at the request of the __________ in favor of __________

The Intanglble assets and goodwlll reported by Ivanhoe Corporatlon at December 31, 2020, follow: Copyrights (#1) $35,740 Less: Accumulated amortlzatlon 17.870 $ 17,870 Trademarks 50,390 Gంoరnll 119,060 Total $ 187,320 A copyright (#1) was acqulred on January 1, 2019, and has a useful life of four years. The trademarks were acqulred on January 1, 2017, and are expected to have an Indefinlte lfe. The company has a December 31 year end and prepares adjusting Journal entrles annually. The following cash transactlons may have affected Intanglble assets and goodwll during 2o21: Jan. Pald S 6,920 In legal costs to successfully defend the trademarks agalnet Infringement by another company. July Developed a newproduct, Incurring 5 201,940 In research and S 49.500 In development costs with probable fueure benefits. The product Is expected to havea useful life of 18 years, 1. Pald 5 55,670 to a popular hockey player to appear In commerdlals advertising the company's products. The commerclals will…

True or false? In a manual system, it is proper to splits journal entry at the bottom page.