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- In the case of a bank's accrued interest ?revenues, which occurs first Earning The Interest Revenues Nothing Receiving The Interest From The BorrowerWhat business circumstance could produce a short-term notes payable created from a loan?Note payments reduce cash and are related to long-term debt. Do these facts automatically lead to their inclusion as elements of the financing section of the statement of cash flows? Explain.
- How much is the net free assets? How much is the estimated deficiency to unsecured creditors? What is the estimated recovery percentage of unsecured non-priority creditors?Which of the following has the highest relative likelihood of being defaulted in paying the outstanding loan? Company AB. Company EF. Company CD. Company GH.For statement profit and loss why the loan doesn't include in that statement
- In the context of handling debt - like items in M&A, what is the most buyer-friendly approach for items representing a hard claim that must be paid post-close? a. Purchase price adjustments b. Escrow accounts c. Insurance policies d. Working capital adjustments e. Debt refinancingWhat are out of period debts? Explain?Entires for bad debt expense - direct write off method
- . Accounts receivable financing is the term used to describe which of the following types of loans that involve either the assignment or the factoring of a firm's accounts receivable? A. Secured short-term loan B. Unsecured short-term loan C. Secured long-term loan D. Unsecured long-term loan E. Trust receipt loanWhat relevant assertion should be used to record loans receivable net of an allowance for loan losses when allowance should adequately cover any estimated losses inherent in the loan portfolio but not excessive losses? a. Existence or occurrenceb. Valuation or allocationc. Cutoffd. Rights or obligationsHow much is the estimated deficiency to unsecured creditors?