ABC Company Acquired A Land For P8 Million. The Company Paid P5 Million Cash And Is…

ABC Company acquired a Land for P8 million. The company paid P5 million cash and issue a promissory note amounting to P3 million. The current fair market value of the land is P9 million. At what amount should Land be recorded?

a. 3 million
b. 5 million
c. 8 million
d. 9 million​

Answer:

8 million

Step-by-step explanation:

ABC Company Acquired A Land For P8 Million. The Company Paid P5 Million Cash And Is…

tagalog promissory halimbawa ng

Tagalog promissory ng kasunduan noong ang ay. Promissory philippines. Promissory tagalog

Sample promissory note in Word and Pdf formats

promissory note sample promise

Promissory lawsuit complaint buyfoodartinya. Note tagalog promissory guidance. Tagalog kasunduan promissory note sample

free 11 sample format promissory note philippines in 2020 notes

promissory sample notary tuition tagalog blank resume mortgage generic lender ontario reward universal borrower

Promissory note in tagalog sample form ( doc ). Tagalog promissory contracts. Promissory note (philippines)

See also  3 / 4 Terminating Non Terminating​