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ACC 421 Week 5 CPA Practice Question 1 : www . acc421mart . com
In its December 31 , 2005 , balance sheet , what amount should Chang report as note receivable ?
Question 2 :
On Bart ' s December 31 , 2005 balance sheet , the note payable to Fell was
Question 3 :
Which of the following transactions would require the use of the present value of an annuity due concept in
order to calculate the present value of the asset obtained or liability owed at the date of incurrence ?
Question 4 : Beal should make five annual deposits ( rounded ) of Question 5 :
At what amounts should these two notes receivable be reported in Jet ' s December 31 , 2005 , balance sheet ?
Question 6 : What should be the issue price for each $ 1,000 bond ?