On 1 January 2020, GSS Limited purchased a three-year interest-bearing note issued by a financial institution, with a face value of $100,000, due on 1 January 2023. This note bears an annual interest at 5% payable on each 1 January, starting from 1 January 2021. The market rate of interest for a note of similar risk is 8%. Cash equal to the present value of this note was paid by GSS on the purchase date. GSS has a financial year ended 31 December.

Required:

(a) Calculate the present value of the note on 1 January 2020.

(b) Prepare all the journal entries for year 2020 and for 2021 respectively.

My first question is what benefits do you expect to achieve from career exploration? the benefits that i expect to achieve from career exploration. for me i think the benefits of exploring many different careers are that you get exposed to more, so it's easier for you to pick which one you like best. another benefit is that you get a more first hand view of what jobs are more likely to be needed in the future and that can be factored into your consideration. my second question is what do you expect to be the most challenging parts of your career planning process? why? the most challenging parts of my career planning process is trying to get things in order and trying to write this paragraph it is confusing and, hard work. and last but not least my third question is i think the most challenging part is taking the first step and really deciding on a career you want to pursue; there are so many options and it can be hard to choose.which jobs will allow me to make a living? ; what skills does emergency medical technician emergency medical services medical » physiology require?

Answer continue to produce a quantity such that marginal revenue equals marginal cost;

Answerassessment;