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DengPak Co. purchased equipment on January 1, 2017 that has a cash price of P413,225. The company issued a 2-year P500,000 note. The imputed interest
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DengPak Co. purchased equipment on January 1, 2017 that has a cash price of P413,225. The company issued a 2-year P500,000 note. The imputed interest rate is 10%. How much is the unamortized discount of the note as of December 31,2017?
DengPak Co. purchased equipment on January 1, 2017 that has a cash price of P413,225. The company issued a 2-year P500,000 note. The imputed interest rate is 10%. How much is the unamortized discount of the note as of December 31,2017?
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