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Please help! 1. What is the interest income in 2020? 2. What is the loan impairment in 2020? 3. What is the allowance for impairment
Please help!
1. What is the interest income in 2020?
Loan impairment in 2020 * 1 point On January 1, 2018, BDI Bank lowed P2.000.000 to the Company. Under the long the loan interest is 10% and that Company stopy on the loan mually every December 31 tartine December 31, 2018. The loan will mature on December 31, 2022 On December 31, 2018, BDT Bank has determined bus determined that there is a slight increase in the credit of the loan that de to the 17th L. for the Iran. The band determined that the probability of the big dealt www the 12 month 1% and that 20% of the principal amount will be lost over the term of the loan On December 31, 2019, the bank determined that the ancient increase in the condition of the The probably of the loan being in default over the lite at the loan is 10% and that of the principal amount will be best over the form of the loan. Durg 2020, the www began to face faculdatales. On Dec 31, 2030, the bank and then to be made for 2000 was collected. However, only 5 of the prenapal amount is expected to be used at maturity date Rousil od prevent the factors to your decimal place Your answer 1 point Allowance for impairment as of 12/31/2020 * On January 1, 2015, Bank loaned 12.000.000 to Bloe Company. Under the loan agreement the loan interessats 10% and that we Company to pay on the annually way December 31st December 31, 2016. The loan will mat on December 31, 2002 On December 31, 2018, BDI Bank has determined has dod that there is a ser the credit at the loanthere needs to measure the 12th ECL. for the loan. The bank determined that the probability of the low being didault over the 12 menthesis 15 and that of the principalemcunt will be lost over the term of the len On December 31, 2019, the bank determined that there is a signition in mare in the credit card of the loan. The probability of the loan lang in default over the tale of the loan is 10% and that 25% of the principal amount will be lost over the form of the foun. Durg 2020, the company began to ceasca.On Dec 31, 2020, tank.comed the late berimp for 200 ww collected. However, only 0 of the principalement expected to be med at maturity data Bound eff proven te fiches to fitus decimal place Loan impairment in 2020 1 point On January 1, 2018, BDI Bank loaned 12.000.000 to Blue Compatty Lader the loan agreement, the loan interest rate is 10% and that Blue Company is to pay on the loan annually every December 31 starting December 31, 2018. The loan will mature on December 31, 2022. On December 31, 2018, BDT Bank has determined has determined that there is a slight increase in the credit risk of the loan, therefore needs to mwasure the 12-month ECL for the loan. The bank determined that the probability of the loan being in default over the next 12 month is 15 and that 20% of the principal amount will be lost over the term of the loan. On December 31, 2019, the bank determined that there is a significant increase in the credit risk of the loan. The probability of the loan being in default over the life of the loan is 10% and that 25% of the principal amount will be lost over the term of the loan. During 2020, the company began to face financial difficulties. On December 31, 2020, the bank considered the loan to be impaired. Interest for 2020 was collected. However, only 10% of the principal amount is expected to be moeived at maturity date. Rouwd off present rule factors to four decimal places. Interest income in 2020 * 1 point On January 1, 2016. BDI Bank loaned P2,000,000 to Blue Company. Under the loan agreement, the loan interest rate is 10% and that Blue Company is to pay on the loan annually every December 31 starting December 31, 2016. The loan will mature on December 31, 2022 On December 31, 2018, BDI Bank has determined has determined that there is a slight increase in the credit risk of the loan, therefore needs to measure the 12-month ECL. for the loan. The bank determined that the probability of the loan being in default over the next 12 months as 15 and that 20% of the principal amount will be lost over the term of the loan. On December 31, 2019, the bank determined that there is a significant increase in the creditenk of the loan. The probability of the loan being in default over the life of the loan is 10% and that 25% of the principal amount will be lost over the term of the loan. During 2020, the company began to face financial difficulties. On December 31, 2020. sbank considered the loan to be impaired. Interest for 2020 was collected. However, only 40% of the principal amount is expected to believed at maturity date, Round off present value factors to four decimal places Allowance for impairment as of 12/31/2020 1 point On January 1, 2018, BDT Bank loaned P2.000.000 to Be Company. Under the loan agreement the loan interest rate is 10% and that Blue Company is to pay on the loan annually every December 31 starting December 31, 2018. The loan will outure on Dec 31, 2002. On December 31, 2018, BDI Bank has determined has determined that there is a slight increase in the credit risk of the loan, therefore needs to meet the 12-sonth ECL. for the loan. The bank determined that the probability of the loan bring in default over the next 12 months is 15 and that 20% of the principal amount will be lost over the term of the loan On December 31, 2019, the bank determined that there is a significant increase in the credit risk of the loan. The probability of the loan being in default over the lide of the loan is 10% and that 25% of the principal amount will be lost over the term of the loan During 2020, the company began to face financial difficulties. On December 31, 2020, the bank considered the loan to be impaired. Interest for 2020 was collected. However, only 40% of the principal amount is expected to be received at maturity date Reed of present le factors to four decimal places Interest income in 2020 1 point On January 1, 2018, BDT Bank loaned P2,000,000 to Be Company. Under the loan agreement, the loan interest rate is 105 and that the Company to pay on the loan annually every December 31 starting December 31, 2016. The lou will mature on December 31, 2002 On December 31, 2018, BDI Bank has determined has determined that there is a light increase in the creditelk of the Son, there needs to measure the 12-month LCL for the loan. The bank determined that the probability of the loan being a dedoullovethet 12 months 15 and that 20% of the principal amount will be lost over the term of the Inan. On December 31, 2019, the bank determined that there is a significant imate in the credit risk of the loan. The probability of the man being an default over the life of the loan is 105 and that of the principal amount will be lost over the mother Durg 2020, the company began to face tumancial datticultor On December 31, 2020. the bank.comed the bus to be apud Intent for 2020 was collected. However, my oos of the principal amount is expected to be received at matunity date. Round of present tule jackets 30 four decimal places Your answer Loan impairment in 2020 * 1 point On January 1, 2018, DI Bank loaned P2,000,000 to Blue Company. Under the loan agreement, the loan interest rate is 10% and the Company to pay on the loan annually every December 31 starting December 31, 2018 The Sons will be on December 31, 202 On December 31, 2018, BDI Bank has determined has determined that there is a slight increase in the condite of the South needs to measure the month ECL. for the loan. The bank determined that the probability of the loan bagian delt over the st12 mentheses 15 and that 20% of the principal amount will be lost over the tem of the loan On December 31, 2019, the bank determined that there is a magneticant increasean the creditenk of the lean. The probability of the loan being in detaalt over the life of the loan is 10% and that 25% of the principal amount will be lost over the term of the During 2020, the company began to face financial Gittcultim. On December 31, 2000, the bankcodered the loan to be puedinte for 2020 was collected. However, only 10% of the principal amount is expected to be received at maturity date. Round of pretul factors to four decimal places 1 point Allowance for impairment as of 12/31/2020 * On Jan 1, 2015 Bunk Bed P2,000.00 Compowy leder that the 10th Co to pay on the annually way that he will On De L. 2016, Bank as determinademed that there wasluga in the then, there de tour the 17th CL for the ben. The band determined that degality of dangewest 12 mouth 15 and that 20% of the people will be the form of the Cuer, 2013, the breedtek od de The plante le det over there of the lane 105 and that of them will be lower themelun Durant 2020, the company began to face a little On December 31, 2010, the bank comedord the band to be und trot for 2009 was collected. However, only 10% of the principalmented to be rewed at matunity date Rowerf prownt to your se for dem Your answer Interest income in 2021* * 1 point On Jay 1, 2016. bed12.000.000 meter the chief 105 and Company to pay on the body w Polsterung Dec 31, 2016. The lowell December 31, 2002. On thober 31, 2016. O Bank has determine demand that the income in the committen der end the 13th L. Sot the been the booked that the geldity of the begin detail ve west 12 months and that of the game will be there of the On Dewa 31, 2019. the bank dd that the game in the module. The probably than beng medical over the ladies of the loans 10 and that of the papel malestore the model During 2000, the company began to face tancal detta. On December 31, 2000, the bank.comded than to be imped for 2020 collected. Howeverely 10% of the principalement expected to be med at many date Rownde promoure icon wurdicimum Loan impairment in 2020 * 1 point On January 1, 2018, BDI Bank lowed P2.000.000 to the Company. Under the long the loan interest is 10% and that Company stopy on the loan mually every December 31 tartine December 31, 2018. The loan will mature on December 31, 2022 On December 31, 2018, BDT Bank has determined bus determined that there is a slight increase in the credit of the loan that de to the 17th L. for the Iran. The band determined that the probability of the big dealt www the 12 month 1% and that 20% of the principal amount will be lost over the term of the loan On December 31, 2019, the bank determined that the ancient increase in the condition of the The probably of the loan being in default over the lite at the loan is 10% and that of the principal amount will be best over the form of the loan. Durg 2020, the www began to face faculdatales. On Dec 31, 2030, the bank and then to be made for 2000 was collected. However, only 5 of the prenapal amount is expected to be used at maturity date Rousil od prevent the factors to your decimal place Your answer 1 point Allowance for impairment as of 12/31/2020 * On January 1, 2015, Bank loaned 12.000.000 to Bloe Company. Under the loan agreement the loan interessats 10% and that we Company to pay on the annually way December 31st December 31, 2016. The loan will mat on December 31, 2002 On December 31, 2018, BDI Bank has determined has dod that there is a ser the credit at the loanthere needs to measure the 12th ECL. for the loan. The bank determined that the probability of the low being didault over the 12 menthesis 15 and that of the principalemcunt will be lost over the term of the len On December 31, 2019, the bank determined that there is a signition in mare in the credit card of the loan. The probability of the loan lang in default over the tale of the loan is 10% and that 25% of the principal amount will be lost over the form of the foun. Durg 2020, the company began to ceasca.On Dec 31, 2020, tank.comed the late berimp for 200 ww collected. However, only 0 of the principalement expected to be med at maturity data Bound eff proven te fiches to fitus decimal place Loan impairment in 2020 1 point On January 1, 2018, BDI Bank loaned 12.000.000 to Blue Compatty Lader the loan agreement, the loan interest rate is 10% and that Blue Company is to pay on the loan annually every December 31 starting December 31, 2018. The loan will mature on December 31, 2022. On December 31, 2018, BDT Bank has determined has determined that there is a slight increase in the credit risk of the loan, therefore needs to mwasure the 12-month ECL for the loan. The bank determined that the probability of the loan being in default over the next 12 month is 15 and that 20% of the principal amount will be lost over the term of the loan. On December 31, 2019, the bank determined that there is a significant increase in the credit risk of the loan. The probability of the loan being in default over the life of the loan is 10% and that 25% of the principal amount will be lost over the term of the loan. During 2020, the company began to face financial difficulties. On December 31, 2020, the bank considered the loan to be impaired. Interest for 2020 was collected. However, only 10% of the principal amount is expected to be moeived at maturity date. Rouwd off present rule factors to four decimal places. Interest income in 2020 * 1 point On January 1, 2016. BDI Bank loaned P2,000,000 to Blue Company. Under the loan agreement, the loan interest rate is 10% and that Blue Company is to pay on the loan annually every December 31 starting December 31, 2016. The loan will mature on December 31, 2022 On December 31, 2018, BDI Bank has determined has determined that there is a slight increase in the credit risk of the loan, therefore needs to measure the 12-month ECL. for the loan. The bank determined that the probability of the loan being in default over the next 12 months as 15 and that 20% of the principal amount will be lost over the term of the loan. On December 31, 2019, the bank determined that there is a significant increase in the creditenk of the loan. The probability of the loan being in default over the life of the loan is 10% and that 25% of the principal amount will be lost over the term of the loan. During 2020, the company began to face financial difficulties. On December 31, 2020. sbank considered the loan to be impaired. Interest for 2020 was collected. However, only 40% of the principal amount is expected to believed at maturity date, Round off present value factors to four decimal places Allowance for impairment as of 12/31/2020 1 point On January 1, 2018, BDT Bank loaned P2.000.000 to Be Company. Under the loan agreement the loan interest rate is 10% and that Blue Company is to pay on the loan annually every December 31 starting December 31, 2018. The loan will outure on Dec 31, 2002. On December 31, 2018, BDI Bank has determined has determined that there is a slight increase in the credit risk of the loan, therefore needs to meet the 12-sonth ECL. for the loan. The bank determined that the probability of the loan bring in default over the next 12 months is 15 and that 20% of the principal amount will be lost over the term of the loan On December 31, 2019, the bank determined that there is a significant increase in the credit risk of the loan. The probability of the loan being in default over the lide of the loan is 10% and that 25% of the principal amount will be lost over the term of the loan During 2020, the company began to face financial difficulties. On December 31, 2020, the bank considered the loan to be impaired. Interest for 2020 was collected. However, only 40% of the principal amount is expected to be received at maturity date Reed of present le factors to four decimal places Interest income in 2020 1 point On January 1, 2018, BDT Bank loaned P2,000,000 to Be Company. Under the loan agreement, the loan interest rate is 105 and that the Company to pay on the loan annually every December 31 starting December 31, 2016. The lou will mature on December 31, 2002 On December 31, 2018, BDI Bank has determined has determined that there is a light increase in the creditelk of the Son, there needs to measure the 12-month LCL for the loan. The bank determined that the probability of the loan being a dedoullovethet 12 months 15 and that 20% of the principal amount will be lost over the term of the Inan. On December 31, 2019, the bank determined that there is a significant imate in the credit risk of the loan. The probability of the man being an default over the life of the loan is 105 and that of the principal amount will be lost over the mother Durg 2020, the company began to face tumancial datticultor On December 31, 2020. the bank.comed the bus to be apud Intent for 2020 was collected. However, my oos of the principal amount is expected to be received at matunity date. Round of present tule jackets 30 four decimal places Your answer Loan impairment in 2020 * 1 point On January 1, 2018, DI Bank loaned P2,000,000 to Blue Company. Under the loan agreement, the loan interest rate is 10% and the Company to pay on the loan annually every December 31 starting December 31, 2018 The Sons will be on December 31, 202 On December 31, 2018, BDI Bank has determined has determined that there is a slight increase in the condite of the South needs to measure the month ECL. for the loan. The bank determined that the probability of the loan bagian delt over the st12 mentheses 15 and that 20% of the principal amount will be lost over the tem of the loan On December 31, 2019, the bank determined that there is a magneticant increasean the creditenk of the lean. The probability of the loan being in detaalt over the life of the loan is 10% and that 25% of the principal amount will be lost over the term of the During 2020, the company began to face financial Gittcultim. On December 31, 2000, the bankcodered the loan to be puedinte for 2020 was collected. However, only 10% of the principal amount is expected to be received at maturity date. Round of pretul factors to four decimal places 1 point Allowance for impairment as of 12/31/2020 * On Jan 1, 2015 Bunk Bed P2,000.00 Compowy leder that the 10th Co to pay on the annually way that he will On De L. 2016, Bank as determinademed that there wasluga in the then, there de tour the 17th CL for the ben. The band determined that degality of dangewest 12 mouth 15 and that 20% of the people will be the form of the Cuer, 2013, the breedtek od de The plante le det over there of the lane 105 and that of them will be lower themelun Durant 2020, the company began to face a little On December 31, 2010, the bank comedord the band to be und trot for 2009 was collected. However, only 10% of the principalmented to be rewed at matunity date Rowerf prownt to your se for dem Your answer Interest income in 2021* * 1 point On Jay 1, 2016. bed12.000.000 meter the chief 105 and Company to pay on the body w Polsterung Dec 31, 2016. The lowell December 31, 2002. On thober 31, 2016. O Bank has determine demand that the income in the committen der end the 13th L. Sot the been the booked that the geldity of the begin detail ve west 12 months and that of the game will be there of the On Dewa 31, 2019. the bank dd that the game in the module. The probably than beng medical over the ladies of the loans 10 and that of the papel malestore the model During 2000, the company began to face tancal detta. On December 31, 2000, the bank.comded than to be imped for 2020 collected. Howeverely 10% of the principalement expected to be med at many date Rownde promoure icon wurdicimum 2. What is the loan impairment in 2020?
3. What is the allowance for impairment as of 12/31/2020?
4. What is the interest income in 2021?
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