0.02100,0009.954003994RI9.954 99419.9003994Hence, the amount of yearly withdrawal is P10,046.21.1PERIODIC PAYMENT R OF AN ANNUITY:Periodic payment R can also be solved using the formula for amountFuture value F or Present Value P of an annuity.mt1+F = RR =mtmtP.P RR =1-(1+)Note: j-=n = mtwhere R is the regular paymentP is the present value of an annuityF is the future value of an annuityj is the interest rate per periodn is the number ofpaymentsWhat have I have learned...Complete the sentence below. Write your answers on a separate sheet of paper.1.is a sequence of payments made at equal (fixed) intervals orperiods of time.2.is the sum of present value of all the payments to be madeduring the entire term of the annuity.3.is an annuity where the payment interval is the same as theinterest period.4.is a type of annuity in which the payments are made at theend of each payment interval.is the sum of future values of all payments to be made5.during the entire term of the annuity.Additional Activities...Answer as indicated. Write your answers in a separate sheet of paper.1. In a certain account providing an interest rate of r compounded quarterly, P2,500 isdeposited every end of the quarter. What value of r will make the future value of theaccount P5,200 in six months?-IE

“Since you have asked multiple questions, we will solve the first question for you. If you want a…

Answered: Complete the sentence below. Write your…

Complete the sentence below. Write your answers on a separate sheet of paper. 1. is a sequence of payments made at equal (fixed) intervals or periods of time. lue of all the navments to be made

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Hello, can you please help me with questions 10,11, and 12, thanks!
Multiple choice: 1. The steps in the journalazing process include all of the following EXCEPT A. Enter the balance B. Enter the debit C. Enter the date D. Enter the credit 2. The simplest form of journal is one with A. Four columns B. Three columns C. Two columns D. One column
Entries for Stock Investments, Dividends, and Sale of Stock Seamus Industries Inc. buys and sells investments as part of its ongoing cash management. The following investment transactions were completed during the year: Feb. 24 Acquired 400 shares of Tett Co.'s stock for $105 per share plus a $148 brokerage commission. May 16 Acquired 1,600 shares of Issacson Co.'s stock for $26 per share plus a $80 commission. July 14 Sold 200 shares of Tett Co. stock for $117 per share less a $76 brokerage commission. Aug. 12 Sold 600 shares of Issacson Co. stock for $21 per share less a $65 brokerage commission. Oct. 31 Received dividends of $0.24 per share on Tett Co, stock. Dec. 31 At the end of the accounting period, the fair value of the remaining 200 shares of Tett Co.'s stock was $105.57 per share. The fair value of the remaining 1,000 shares of Isaacson Co.'s stock was equal to its cost of $26.05 per share. Journalize the entries for these transactions. In your computations, round per share…
D Return to question Mookie The Beagle Concierge hired Carole Design Media to promote Mookie The Beagle Concierge's launch using social media marketing. Mookie The Beagle Concierge paid the bill in full when received. The bill was for 10 hours of service at $100 per hour. Required: Enter the Expense Transaction as follows. 1. Create an Expense. a. Select (+) New icon > Expense b. Add Payee: +Add New > Carole Design Media > Vendor Type > Save c. Select Payment Account: 1001 Checking d. Select Payment Date: 01/05/2023 e. Select Payment Method: Check f. Enter Category: 5001 Advertising and Marketing g. Enter Amount for 10 hours @ $100.00 per hour h. What is the Total Amount paid to Carole Design Media? Note: Answer this question in the table shown below. Round your answer to the nearest dollar amount. i. Select Save. Leave the Expense window open. h. Total amount paid S
You have established your performance materiality for accounts payable and revenue; now you must determine the posting materiality for individual items. The materiality judgement is at 4%. What is the posting materiality? Show your work. Your work should look like: APPROPRIATE AMOUNT x MATERIALITY JUDGEMENT = POSTING MATERIALITY
ect of each transaction and the balances after each transaction:
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Complete the ledger T-accounts, find december 1 balances and post the December transactions.
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show calculations where needed
Using Excel, create a table that shows the relationship between the interestearned and the amount deposited, as shown. we will first create the dollar amount column and the interest row, as shown . Next we will type into cell B3 the formula = $A3*B$2. We can now use the Fill command to copy the formula in other cells, resulting in the table as shown. Note that the dollar sign before A3 means column A is to remain unchanged in the calculations when the formula is copied into other cells. Also note that the dollar sign before 2 means that row 2 is to remain unchanged in calculations when the Fill command is used.
Give two difference between Calls in arrears and Calls in advance.