company consider cost about $500,000 to restore in 2018. The interest is 3%, the PV of lease day was around $560,000. Tax rate 30% Number of share 1,000,000 per for $1, and sold 800,000 Make any Adjusting entry change below.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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2015/01/01,
$4,000,000.
A company rent a place for
The place help the company
make connection with supplier like
transport materials. A company decide
change the place, to suit the company. And
A company will restore the place after 3
year lease. The rental has been record, but
still need to record cost of restore. A
company consider cost about $500,000 to
restore in 2018. The interest is 3%, the PV of
lease day was around $560,000.
Tax rate 30%
Number of share 1,000,000 per for $1, and
sold 800,000
Make any Adjusting entry change below.
Transcribed Image Text:2015/01/01, $4,000,000. A company rent a place for The place help the company make connection with supplier like transport materials. A company decide change the place, to suit the company. And A company will restore the place after 3 year lease. The rental has been record, but still need to record cost of restore. A company consider cost about $500,000 to restore in 2018. The interest is 3%, the PV of lease day was around $560,000. Tax rate 30% Number of share 1,000,000 per for $1, and sold 800,000 Make any Adjusting entry change below.
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