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Andallo, Ransey Ace D

The document presents an amortization table detailing the periodic payments, interest applied, principal applied, and the balance of principal for a note receivable. It includes the face value of the note, present value calculations, and classifications of notes receivable as current or non-current assets based on their maturity. Key figures include a face value of $4,500,000 and a carrying value that changes over time due to amortization of discounts.

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Ransey Ace Andallo
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15 views2 pages

Andallo, Ransey Ace D

The document presents an amortization table detailing the periodic payments, interest applied, principal applied, and the balance of principal for a note receivable. It includes the face value of the note, present value calculations, and classifications of notes receivable as current or non-current assets based on their maturity. Key figures include a face value of $4,500,000 and a carrying value that changes over time due to amortization of discounts.

Uploaded by

Ransey Ace Andallo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

AMORTIZATION TABLE

PERIODIC APPLIED TO INTEREST APPLIED TO PRINCIPAL BALANCE OF PRINCIPAL


DATE PAYMENT
JAN 1, 2020 3,866,250.0000
DEC 31, 2020
DEC 31, 2021
DEC 31, 2022

FACE VALUE OF NOTE 4,500,000 DECEMBER 31, 2019


MULTIPLY BY PRESENT VALUE FACTOR X0.7938 DISCOUNT ON NOTES RECEIVABLE
PRESENT VALUE OF NOTE RECEIVABLE 3,572,100 INTEREST REVENUE
(JAN 1, 2019)
DECEMBER 31, 2020
FACE VALUE OF NOTE 4,500,000 DISCOUNT ON NOTES RECEIVABLE
PRESENT VALUE OF NOTE 3,572,100 INTEREST REVENUE
DISCOUNT ON NOTES RECEIVABLE 927,900 C. Notes receivable will be classified as non-current asset o
the statement of financial position at December 31, 2019
FACE VALUE OF NOTE 4,500,000 while December 31, 2020 notes receivable will be classifie
LESS: UNAMORTIZED DISCOUNT( JAN 1, 2019) 927,900 current asset because the maturity value is less than 1 yea
12 months.
CARRYING AVLUE (JAN 1, 2019) 3,572,100

FACE VALUE OF NOTE 4,500,000


LESS: UNAMORTIZED DISCOUNT 642,132
CARRYING VALUE (DEC 31, 2019) 3,857,868

FACE VALUE OF NOTE 4,500,000


LESS: UNAMORTIZED DISCOUNT 333,503
CARRYING VALUE (DEC 31, 2020) 4,166,497
NCE OF PRINCIPAL

285,768
285,768

308,629
308,629
sified as non-current asset on
tion at December 31, 2019
s receivable will be classified as
urity value is less than 1 year or

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