our answer must indicate the overall and individual effect of changes in relevant item
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From the following data, indicate the effect that the changes in the relevant items will have on the
Particulars
Jan 1, 2020
Dec 31, 2020
Particulars
Jan 1, 2020
Dec 31, 2020
Land
44000
68000
13000
13000
Debentures
20000
25000
Prepaid Expenses
70
300
Stock
30000
28000
Bills Payable
1500
900
Machinery
180000
180000
Bills Receivable
3000
2000
Trade Creditors
8000
5320
Mortgaged Loan
50000
40000
Cash
29000
9000
Equity Share Capital
100000
120000
Long Term Investments
10000
6250
120000
75000
Accrued Expenses
350
160
Trade Debtors
19000
20000
Short-term Debt
3220
5170
Your answer must indicate the overall and individual effect of changes in relevant items.
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- Please calculate capital allowance using declining balance method with the following information: Details of the Fixed Assets: Details Cost NBV Tax Written Down As at 31 Dec 2021 As at 31 Dec 2021 Value as at 1 Jan 2021Motor Vehicles 10,00,000 7,200,000 7,000,000Equipment 15,000,00 12,00,000 6,713,335Office buildings 45,000,000 36,000,000 36,450,000 Included in the cost of motor vehicle is a lorry purchased on 1 April 2021 for $2,000,000…Show the solution in good accounting form. Thank you! 1. What is the actual return on plan assets for the current year? a. ₱ 100,000 b. ₱ 430,000 c. ₱ 370,000 d. ₱ 400,000Example (1): You have the following data: Details 12/31/2020 1/1/2020 60000 80000 40000 150000 15000 50000 10000 20000 Fund Assets Debtors Goods Liabilities Creditors and you have available additional information: 1. Additions to the capital amounted to 100,000 dinars . 2. Withdrawals from the capital amounted to 40,000 dinars. Required: Extracting the result of the activity works on 31/12/2020.
- What's the forecasted capital expenditure based on the information below? -Net PP&E beginning of period = 4200-Net PP&E end of period = 6800-Depreciation expenses = 900 a. 5900b. 1700c. 3500d. 2600Given the following items and amounts, compute the actual return on plan assets: fair value of plan assets at the beginning of the period $9,200,000; benefits paid during the period $1,400,000; contributions made during the period $1,000,000; and fair value of the plan assets at the end of the period $10,150,000. O a. $ 1,250,000 O b. $ 1,350,000 $ 1,400,000 O d. $ 1,450,000What amount was recognized as actuarial gain on PBO during the year? 100 000 200 000 240 000 0 What is the benefit expense for 2019? 500 000 795 000 295 000 195 000
- May I ask for an explanation and solution to the question for a better understanding. Thank you! 11. What is the amount of Sculler's working capital at December 31, 2021? a. P41,000 b. P45,000 c. P50,000 d. P91,000Requirements: - Compute the capitalizable borrowing cost on 2020 - Compute the total cost of the building on 2020 - Compute the interest expense on 2020What amount of interest is capitalized on December 31, 2020? A. P1,200,000 B. P1,000,000 C. P600,000 D. P400,000
- What is the interest expense for 2020? A. P3,000,000 B. P2,040,000 C. P1,840,000 D. 0What is the actual return on plan assets for the current year? A. ₱ 400,000 B. ₱ 370,000 C. ₱ 100,000 D. ₱ 430,000What is the depreciation for the year 2022? What is the revaluation surplus on December 31, 2022? What amount of income from grant is recognized for the year 2021?
