Reference no: EM133024895
Question - On January 1, 20x1, ABC Co. decided to lease out a building that was previously used as office space. The building has a historical cost of 5,000,000 and accumulated depreciation of 4,000,000.
Requirement - Provide the journal entry under each of the following independent scenarios.
a) ABC Co. uses the fair value model fo its investment property. The building has a fair value of 800,000 on January 1, 20x1.
b) ABC Co. uses the fair value model fo its investment property and the revaluation model for its property, plant and equipment. The building has a fair value of 1,400,000 on January 1, 20x1.
c) ABC Co. uses the cost model for both of its investment property and property, plant and equipment. The building has a fair value of 1,400,000 on January 1, 20x1.
|
Calculate the accumulated value of end-of-quarter payments
: Question - Calculate the accumulated value of end-of-quarter payments of $700 made at the interest rate of 7.75% compounded semi-annually for 4 years
|
|
Calculate the monthly payment on the mortgage
: Calculate the monthly payment on the mortgage, show the amortization table, and compute the EAR
|
|
How much would you have in the above plan
: Starting now, you will invest RM300 monthly in the above plan for 35 years, up to your retirement. How much would you have in the above plan
|
|
What amount will ana receive
: Residual profits shall be divided in the ratio of 2:2:6 to Adah, Ana and Ara. What amount will Ana receive if the net income earned is 470,000
|
|
Provide the journal entry
: The building has a historical cost of 5,000,000 and accumulated depreciation of 4,000,000. Provide the journal entry
|
|
Examine two sources of outside equity capital
: Examine two sources of outside equity capital available to entrepreneurs. Describe the sources you would use if you were creating a new company. Explain.
|
|
Enhance the company performance
: Assume you are appointed as the new CEO of Champu Chamela Pty Ltd which is a large service delivery company. Within the first 3 months in the company, you have
|
|
Empowerment in the strategic management process
: Why do firms need to have a greater strategic management perspective and empowerment in the strategic management process throughout the organization?
|
|
Demonstrate the use of shared or familiar experiences
: Demonstrate the use of shared or familiar experiences, resources, and materials to meet the children's individual preferences and to prompt extensions of play
|