Dex Corporation, part of banking industry but performing quasi - banking function had the following transactions for the 4th quarter of 2020: Loans, 10%, 6 years, 10/1 2020. P 100,000 Rental income, net of 5% EWT from its Property P19,000 Trading gain (loss): 3rd Quarter: (10,000) October. 20,000 November. (5,000) December. 25,000 Jan. 2021. 30,000 1. How much is the OPT of Dex Corporation for the 4th Qtr. of 2020? A. 3,525 B. 4,225 C. 3,600 D. 3,455

Dex Corporation, part of banking industry but performing quasi - banking function had the following transactions for the 4th quarter of 2020: Loans, 10%, 6 years, 10/1 2020. P 100,000 Rental income, net of 5% EWT from its Property P19,000 Trading gain (loss): 3rd Quarter: (10,000) October. 20,000 November. (5,000) December. 25,000 Jan. 2021. 30,000 1. How much is the OPT of Dex Corporation for the 4th Qtr. of 2020? A. 3,525 B. 4,225 C. 3,600 D. 3,455

SWFT Comprehensive Volume 2019

42nd Edition

ISBN:9780357233306

Author:Maloney

Publisher:Maloney

Chapter16: Accounting Periods And Methods

Section: Chapter Questions

Problem 15DQ

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