Helo I'm Yhannie

B.S. ACCOUNTANCY has been chosen as the toughest course among all the courses including MBBS, BCOM, IAS , IPS and ENGINEERING by the Guinness Book of World Records on 18 MAY 2011 . It has 64 university exams + 130 series exams + 174 assignment s within 4 years (max 1000 working days ). All accountants and accountancy students post this on your wall for at least 2 hours and be proud

      National Bank granted a loan to a borrower on January 1, 2009. The interest of the loan is 10% payable annually starting December 31, 2009. The loan matures in 3 years on December 31, 2011. Data related to the loan are:        Principal     ................................................P 4,000,000.00       Origination fees charged against       the borrower ..............................................       342,100.00       Direct Origination Cost earned .................       150,000.00      After considering the origination fees charged against the borrower and the direct originates costs earned, the effective rate on the loan is 12%. REQUIRED:   Prepare all the indicated entries for 2009, 2010 and 2011. [asus sa daming2 table na nagawa ko sa...