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In order to compute your current portion of a loan, there are several elements to factor in. These would include the initial loan, amount repaid, interest rates and repayment period among others.
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When a portion of inventories has been pledged as security on a loan?
the fact should be disclosed(notes) but the amount of current assets should not be affected
What is the unpaid portion of a loan called?
Principal
Do you have to repay a federal student loan?
Everyone has to repay the federal student loans. However some people are eligible, dependent on the job that they get after graduation, to have loan forgiveness for a portion of their loan. In that case they will only have to repay the portion of the loan that is not forgiven.
How does a loan modification impact the original loan?
The purpose of the loan modification is to renegotiate the terms of the original mortgage agreement. The objective is to ensure that your monthly payment is affordable. Consequently, your Lender may reduce some portion of your principle mortgage balance, extend the term of the loan, allow for a balloon payment at the end of the loan term, and/or lower the interest rate on your current loan going forward.
What is the difference between allowances for loan losses and provision for loan losses?
The allowance for loan losses is a contra-asset account that appears on the balance sheet as an offset to loans receivable. It is an account with a running balance of the allowances for loan losses established to report loans receivable at their net realizable value. For example, if you have $100,000 in loans receivable and an allowance for loan losses of $20,000, the net realizable value of the loans receivable reported on the balance sheet would be $80,000 ($100,000 - $20,000). The allowance for loan losses is reduced when a loan or a portion of a loan is written off as uncollectible. The allowance for loan losses is increased when a provision for loan losses is established. The provision for loan losses is the current period expense for loan losses established in the current period. This provision is reported in the statement of operations (or income/loss statement). It represents the amount that is added to the allowance for loan losses in the current reporting period.
How do you compute current portion of long term loan?
calculate the principal due in one year together with the interest payable.
Is a loan is current liability or long term liability in the balance sheet?
If loan is payable within twelve month of issuance of loan then it is current liability but if it is payable in more than one fiscal year then it is long term liability but even in long term loan, that portion of loan which is payable in current fiscal year is current liability and remaining portion is long term liability.
What is the current portion of long-term debt classified with?
Current portion of long term loan is classified as current liability and shown under current liability section of balance sheet.
Current maturity Of Long-Term Debt?
Current maturity of long-term debt is the amount which is liable to pay in current fiscal year Example: Long-term loan payable in 10 years = 10000 Current portion of loan payable in current year = 1000 Remaining portion payable in next 9 year = 9000 is the long-term debt payable
What are the typical items reported as current liabilities?
Following are items of current liabilities:accounts payableshort term loansshort term portion of long term loan etc
Compute the current price of the bonds if the present yield to maturity is?
Compute the current price of the bond if percent yield to maturity is 7%
How do you compute for the watts?
Voltage x current
When a portion of inventories has been pledged as security on a loan?
the fact should be disclosed(notes) but the amount of current assets should not be affected
How Compute the edible portion price?
Multiply your as-puchased cost by the yield percentage
How do you compute for voltage if current and resistance is given?
Voltage = Current * Resistance (Ohm's law)
What is the unpaid portion of a loan called?
Principal
Do you have to repay a federal student loan?
Everyone has to repay the federal student loans. However some people are eligible, dependent on the job that they get after graduation, to have loan forgiveness for a portion of their loan. In that case they will only have to repay the portion of the loan that is not forgiven.
