Professional Documents
Culture Documents
DERIVATIONS - Accounting For Leases
DERIVATIONS - Accounting For Leases
Gonzales
Answer Derivation
1.
2.
3.
Conceptual.
4.
5.
P4,000,000 10 = P400,000.
6.
7.
Conceptual.
8.
P40,000
P400,000
= 10% or = 6.1446*
P400,000
P65,098.13
*6.1446 = PV factor of ordinary annuity of P1 for 10 years at 10%.
9.
10.
P316,925
11.
10
2
12.
= P300,000.
(P6,000,000 P828,000) .04 = P206,880.
13.
14.
15.
16.
17.
J. Gonzales
18.
P900,000.
19.
20.
21.
Conceptual.
22.
23.
24.
25.
Conceptual.
26
27.
28.
29.
30.
31.