Subject :- ADVANCED FINANCIAL ACCOUNTING (FIN611) Question # 2: XYZ Limited has the following loans outstanding as at December 31, 2020. Calculate the Capitalization Rate Loan – A @ 8% (taken at January 01, 2020) Rs. 600,000 Loan – B @ 5% (taken at July 01, 2020) Rs.400,000 Loan – C @ 9% (taken at September, 01 2020) Rs.300,000 The company spent following amounts on construction of an asset. March 01, 2020. Rs. 500,000 August 01, 2020. Rs. 400,000 December 1, 2020 Rs. 400,000
Subject :- ADVANCED FINANCIAL ACCOUNTING (FIN611) Question # 2: XYZ Limited has the following loans outstanding as at December 31, 2020. Calculate the Capitalization Rate Loan – A @ 8% (taken at January 01, 2020) Rs. 600,000 Loan – B @ 5% (taken at July 01, 2020) Rs.400,000 Loan – C @ 9% (taken at September, 01 2020) Rs.300,000 The company spent following amounts on construction of an asset. March 01, 2020. Rs. 500,000 August 01, 2020. Rs. 400,000 December 1, 2020 Rs. 400,000
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter6: Accounting For Financial Management
Section: Chapter Questions
Problem 12P
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Subject :- ADVANCED FINANCIAL ACCOUNTING (FIN611)
Question # 2:
XYZ Limited has the following loans outstanding as at December 31, 2020. Calculate the Capitalization Rate
Loan – A @ 8% (taken at January 01, 2020) Rs. 600,000
Loan – B @ 5% (taken at July 01, 2020) Rs.400,000
Loan – C @ 9% (taken at September, 01 2020) Rs.300,000
The company spent following amounts on construction of an asset.
March 01, 2020. Rs. 500,000
August 01, 2020. Rs. 400,000
December 1, 2020 Rs. 400,000
Note:- Solve these question and please explain in detail in such a way that i will get full marks.
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