ACCT 327 CASE

ACCT 327 CASE - Smith Company Date 10/11/2009 Variables: PV...

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Brandon Smith ACCT 327-508 10/11/2009 Company Name Smith Company Date 10/11/2009 Variables: PV 195,000 FV 0 i 6% n 10 PMT $26,494.25 Date Cash Paid Carrying Value 1/1/2008 195,000.00 6/30/2008 $26,494.25 $11,700.00 $14,794.25 $180,205.75 12/31/2008 $26,494.25 $10,812.34 $15,681.91 $164,523.84 6/30/2009 $26,494.25 $9,871.43 $16,622.82 $147,901.02 12/31/2009 $26,494.25 $8,874.06 $17,620.19 $130,280.83 6/30/2010 $26,494.25 $7,816.85 $18,677.40 $111,603.43 12/31/2010 $26,494.25 $6,696.21 $19,798.05 $91,805.38 6/30/2011 $26,494.25 $5,508.32 $20,985.93 $70,819.45 12/31/2011 $26,494.25 $4,249.17 $22,245.08 $48,574.37 6/30/2012 $26,494.25 $2,914.46 $23,579.79 $24,994.58 12/31/2012 $26,494.25 $1,499.67 $24,994.58 $0.00 TOTALS $264,942.52 $69,942.52 $195,000.00 Interest Expense Note Amortization
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Brandon Smith ACCT 327-508 10/11/2009 Company Name
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Unformatted text preview: Smith Company Date 10/11/2009 Variables: PV 195,000 FV i 6% n 10 PMT $26,494.25 Date Cash Paid Carrying Value 1/1/2008 195,000.00 6/30/2008 $26,494.25 $11,700.00 $14,794.25 $180,205.75 12/31/2008 $26,494.25 $10,812.34 $15,681.91 $164,523.84 6/30/2009 $26,494.25 $9,871.43 $16,622.82 $147,901.02 12/31/2009 $26,494.25 $8,874.06 $17,620.19 $130,280.83 6/30/2010 $26,494.25 $7,816.85 $18,677.40 $111,603.43 12/31/2010 $26,494.25 $6,696.21 $19,798.05 $91,805.38 6/30/2011 $26,494.25 $5,508.32 $20,985.93 $70,819.45 12/31/2011 $26,494.25 $4,249.17 $22,245.08 $48,574.37 6/30/2012 $26,494.25 $2,914.46 $23,579.79 $24,994.58 12/31/2012 $26,494.25 $1,499.67 $24,994.58 $0.00 TOTALS $264,942.52 $69,942.52 $195,000.00 Interest Expense Note Amortization...
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This note was uploaded on 11/04/2009 for the course ACCT 327 taught by Professor Knight during the Spring '08 term at Texas A&M.

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ACCT 327 CASE - Smith Company Date 10/11/2009 Variables: PV...

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