Professional Documents
Culture Documents
1 Note Discloures 1
2 2
3 3
4 Note Discloures 4
5 5
6 6
7 Note Discloures 7
8 8
9 Note Discloures 9
10 None-Arrears (only for Preferred) 10
11 11
12 12
13 Future Bad Happening 13
14 14
15 15
Dec.31
2016
Jan.1
Mar.1
EXERCISE 7-3
A 16 C- CONTRA BONDS PAYABLE
C- CONTRA RETAINED EARNINGS 17 A
C- CONTRA ACCOUNTS PAYABLE 18 A
C- CONTRA PURCHASES 19 A
B 20 PARTLY A , PARTLY B
A 21 C-NOTE DISCLOSURES
C- APPROPRIATED RETAINED EARNINGS 22 C- NO PROVISION OR NOTE DISCLOSURE
C- APPROPRIATED RETAINED EARNINGS 23 C- NOTE DISCLOSURES
C-NOT HAPPEN YET 24 C-NOTE DISCLOSURES
A 25 A
B 26 A
A 27 A
A 28 A
A 29 A-PROGRESS BILLINGS (ADVANCED TOPIC)
C-NOT HAPPEN YET 30 C- MEMO
EXERCISE 7-4
Cash P300,000
Discount on Notes Payable 45,000
Notes Payable, Others P345,000
Cash P300,000
Notes Payable , Others P300,000