Music Makers Ltd. reported trading investments with an original cost of $115,000 and a fair value of
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (16 reviews)
The carrying amount of the investment 130000 would be compared to the proceeds 125000 The 500...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118024492
5th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
Question Posted:
Students also viewed these Cost Accounting questions
-
Vintage Records sold assets with an original cost of $45,000 and accumulated depreciation of $30,000. If the cash proceeds from the sale were $13,500, what was the gain or loss on the sale? On which...
-
During the year, a capital asset with an original cost of $ 750,000 and accumulated depreciation on the date of sale of $ 560,000 was sold for $ 216,000. What will appear on the SCF as a result of...
-
seinfeld company has land with an original cost of $70,000 and a fair market value of $81,000 seinfeld has considered selling its business next year and listing the land with a realtor for $100,000...
-
On 1/1/22, lmani and Ahmad formed AI Partnership, a limited partnership. lmani will be the general partner and Ahmad will be a limited partner. He will not participate in management of the...
-
Acetone, a valuable solvent, can be recovered from air by absorption in water or by adsorption on activated carbon. If absorption is used, the conditions for the streams entering and leaving are as...
-
In what order should the three inventories of a manufacturing business be presented on the balance sheet?
-
Forensic accounting also may be known by another phrase, as indicated by the second forensic book published. What is the phrase and who published the book?
-
Error and Change in Estimate Depreciation Tarkington Co. purchased a machine on January 1, 2007, for $440,000. At that time it was estimated that the machine would have a 10-year life and no salvage...
-
The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 360 units, where 340 are from the January 30 purchase, 5 are from the January 20 purchase, and...
-
2. An okra fami anticipates highly seasonal demand for their product, tender pods of okra that can be made into the new drink sensation, the okra colada. Their estimate of the demand profile appears...
-
Timmerman Ltd. purchased $1 million of 10-year bonds at face value (100) in 2012. The bonds were trading at 105 on December 31, 2012. (a) At what amount would the bonds be reported in the December...
-
Cost and fair value for the trading investments of Kootenay Ltd. at December 31, 2012, are $102,000 and $118,000, respectively. (a) Prepare the adjusting entry to record the investments at fair...
-
Repeat Exercise 5 for the Markov chain with transition matrix above.
-
Sold a 500,000 5 year bond, semi-annual interest at 6% when market interest rate was 8% Prepare the journal entry.
-
A girl who is initially running at 1 . 6 m / s increases her velocity to 3 . 4 0 m / s in 5 . 0 0 seconds, find her acceleration.
-
Anthony and Claire Anthony has not updated his will since his marriage to his first wife, Sophie. Sophie is listed as his Executor and Power of Attorney for both Personal Care and Property. Claire...
-
Information must frequently be entered by the user straight into the computer rather than onto a source document when using computerized accounting systems. Obviously, the data entered should be...
-
You are representing your client at a hearing to determine the validity of a liquor license suspension. Shortly before the hearing you discover that the investigator who recommended that your...
-
Rida Inc. is preparing its direct materials budget for the second quarter. It budgets production of 240,000 units in the second quarter and 52,500 units in the third quarter. Each unit requires 0.60...
-
The domain of the variable in the expression x 3/x + 4 is________.
-
Beaumont Building Supplies Limited signed a 10-year, 8%, $1-million mortgage on December 31, 2017, to help finance a plant expansion. The terms of the mortgage provide for semi-annual fixed principal...
-
The owner of Alpine Golf Course Ltd., a local golf course, has just approached a venture capitalist for financing for its new business venture, the development of another course. On April 1, 2017,...
-
The following transactions are for Iqaluit Ltd., which has an April 30 year end. 1. Received property taxes assessment of $12,000 on March 1 for the calendar year. They are payable by May 1. 2....
-
A . . . . . . . . . . . . . in a boiler is used to put off fire in the furnace of the boiler when the level of water in the boiler falls to an unsafe limit . A . Blow off cock B . Fusible plug C ....
-
It is understandable that a business owner and business manager should keep good records. But why do you believe a firearms business owner and manager needs to be even more concerned about record...
-
SxwP C W W P Sxwe E Consider the one-dimensional control volume in Figure 8.1. Integration of equation (8.3) over the control volume and over a time interval from t to t + At gives 1+ 1+At 1+A1 pc...
Study smarter with the SolutionInn App