8. Question 5-Stated below is information relating to rental income of a business. During the year to 31 December 2020 Rs.74,500 was received as rent. The rental income for the year ended 31 December 2020 would be: Amount in Rs. at 31st December 2019 2020 Rent received in advance 4500 6000 Rent in arrears 18000 24000 A. Rs.70000 B. Rs.79000

8. Question 5-Stated below is information relating to rental income of a business. During the year to 31 December 2020 Rs.74,500 was received as rent. The rental income for the year ended 31 December 2020 would be: Amount in Rs. at 31st December 2019 2020 Rent received in advance 4500 6000 Rent in arrears 18000 24000 A. Rs.70000 B. Rs.79000

Name: 8. Question 5-Stated below is information relating to rental income o
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: 8. Question 5-Stated below is information relating to rental income of a business. During the yearto 31 December 2020 Rs.74,500 was received as rent. The rental income for the year ended 31December 2020 would be:Amount in Rs.at 31st December20192020

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

What is the rate of interest if P40000 earned interest of P1200 in 140 days? (A) 2% B) 7.82% (c) 7.71% D 2.14%
Help
(14) Credit earned on a partial payment of $ 600 at a discount rate of 5% is, A. $26.32 B. $ 27.35 32.26 E. NOA C. $ 28.23 D.
5. Determine the exact simple interest on PhP 585 for the period from June 5 to December 15, 2017 if the rate of interest is 9 percent. B. PhP 14.39 A. PhP 37.84 C. PhP 27.84 D. PhP 82.33
ences Rental Costs. Annual rent Insurance Security deposit Buying Costs Annual mortgage payments Property taxes Insurance, maintenance Down payment, closing costs Growth in equity Estimated annual appreciation $ 7,520 152 1,050 Rental cost Buying cost Total Cost $ 10,600 ($ 9,606 is interest) 2,170 Assume an after-tax savings interest rate of 5 percent and a tax rate of 28 percent. a. Calculate the total rental cost and total buying cost. 1,920 4,500 994 3,000
6. Find the proceeds of a Php 67,500 loan borrowed last February 16 and due on July 25 of the same year if the discount interest rate is 9.25%.
7.Compute the principal (in $) for the loan. Use ordinary interest when time is stated in days. Principal Rate (%) Time Interest $ 7 1 1 2 years $735
Rahulbhaliya
A8
5: Calculate Interest Coverage Ratio from the following information Net Profit (after taxes) Rs. 1,00,000 Fixed interest charges on long term borrowing = Rs. 20,000 Rate of Income Tax 50%
Find A and B Principal $8,425 Interst rate: 8.2% Time 60 days Simple Interest: A Total Amount owed: B
Um