Jokes on you! One reason I am taking up Accountancy is the lack of Hard ma-....
1.)Please Calculate the Depreciation of newly bought machinery worth Php 1 million over a 5 year period and calculate the monthly Loan Amortization if a loan of 10% per anumn, to be paid within 2 years was used in the machinery's acquisition
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2.) If an individual has earned Php 700k in individual income and Php 400k in business income. Calculate tax due (where this tax bracket is calculated as Php125k + (32% of amount over Php 500k)
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3.) Balance a Balance Sheet (It's harder than it sounds)
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4.) Construct a Cash Flow Statement (LOOK AT IT JUST LOOK AT IT http://www.sanyo-lcdp.com/p/2016/11/statement-of-cash-flows-templatecash-flow-statement-template-for-excel---statement-of-cash-flows-hzxlmdrr.png )
...........F*ck this sh*t =_=
Seriously though, The hardest courses ever are the professional ones :v
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