Repeat E16- 8 assuming that Tekky is an IFRS reporter. Additionally, Tekky uses market comparables and determines
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (15 reviews)
Under IFRS Tekky records the purchase at cost as follows Account December 15 current year Equ...View the full answer
Answered By
Hemstone Ouma
"Hi there! My name is Hemstone Ouma and I am a computer scientist with a strong background in hands-on experience skills such as programming, sofware development and testing to name just a few. I have a degree in computer science from Dedan Kimathi University of Technology and a Masters degree from the University of Nairobi in Business Education. I have spent the past 6 years working in the field, gaining a wide range of skills and knowledge. In my current role as a programmer, I have had the opportunity to work on a variety of projects and have developed a strong understanding of several programming languages such as python, java, C++, C# and Javascript.
In addition to my professional experience, I also have a passion for teaching and helping others to learn. I have experience as a tutor, both in a formal setting and on a one-on-one basis, and have a proven track record of helping students to succeed. I believe that with the right guidance and support, anyone can learn and excel in computer science.
I am excited to bring my skills and experience to a new opportunity and am always looking for ways to make an impact and grow as a professional. I am confident that my hands-on experience as a computer scientist and tutor make me a strong candidate for any role and I am excited to see where my career will take me next.
5.00+
8+ Reviews
23+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Question Posted:
Students also viewed these Accounting questions
-
Repeat E16-10 assuming that Tekky is an IFRS reporter, Tekky accounts for the investment at a fair value through other comprehensive income investment because the corporation does not intend to trade...
-
Kent Company purchased 35 percent ownership of Lomm Company on January 1, 20X8, for $140,000. Lomm reported 20X8 net income of $80,000 and paid dividends of $20,000. At December 31, 20X8, Kent...
-
The asset-liability approach for recording future income taxes is an integral part of generally accepted accounting principles. Instructions (a) Indicate whether each of the following independent...
-
1. If the nominal policy interest rate is 5% and the expected rate of inflation is 3%, what is the value for the vertical intercept of the LM curve? 2. If the expected rate of inflation were to...
-
The Constitution in Your Community Assume that you are working for a law firm that has just been retained by Steve Smith, a local home owner who is upset with his local governments enforcement of a...
-
Record the entry to assign costs of direct materials used. Note: Enter debits before credits. Transaction General Journal Debit Credit b(1). Record the entry for indirect materials. ote: Enter debits...
-
Identify major challenges facing the global managerial worker. LO.1
-
You have been shopping for a new home. You have a choice of financing. You can choose either a $200,000 mortgage at 4.75 percent for 30 years, or a $200,000 mortgage at 3.5 percent for 15 years. a....
-
Bilboa Freightlines, S.A., of Panama, has a small truck that it uses for intracity deliveries. The truck is worn out and must be either overhauled or replaced with a new truck. The company has...
-
Blooming Flower Company was started in Year 1 when it acquired $60,000 cash from the issue of common stock. The following data summarize the companys first three years operating activities. Assume...
-
Tekky Corporation purchased an equity investment in Hui Zu, Ltd. on December 15 for $ 100,000 and sold it the following June 22 for $ 114,000. Tekky accounts for the equity investment as an...
-
Capitol Corporation acquired $ 6,735,000 par value, 6%, five- year bonds on their date of issue, January 1 of the current year. The market rate at the time of issue was 10% and interest is paid...
-
In an attempt to avoid liquidating the company, the management of Carter, Inc., is considering a reorganization that calls for the restructuring of $2,100,000 of debt maturing in three years and...
-
a) Describe the following concepts in the context of organizational development. b) Discuss how these concepts interrelate and support each other within an organizational framework
-
Q2. a) Analyze the importance of communication in the change management process. b) Suggests strategies that a Disaster Management Organization can employ to ensure effective communication during...
-
Q3. a) Explain the following Change Management Models
-
Q3. b) Discuss how each model can be applied in real-world organizational change scenarios.
-
In this question, you will work step-by-step through an optimization problem. A craftsman wants to make a cylindrical jewelry box that has volume, V, equal to 55 cubic inches. He will make the base...
-
The current in a \(50-\mathrm{k} \Omega\) resistor is \(i(t)=-5 u(t+1)\) \(+10 u(t)-5 u(t-1) \mathrm{A}\). Find the total energy delivered to the resistor.
-
Imagine a sound wave with a frequency of 1.10 kHz propagating with a speed of 330 m/s. Determine the phase difference in radians between any two points on the wave separated by 10.0 cm.
-
Tingey Industries sells merchandise on a consignment basis to dealers. Shipping costs are chargeable to Tingey. although in some cases the dealer pays them. The selling price of the merchandise...
-
Under what conditions is an employer required to accrue a liability for sick pay? Under what conditions is an employer permitted but not required to accrue a liability for sick pay?
-
Under what conditions is an employer required to accrue a liability for sick pay? Under what conditions is an employer permitted but not required to accrue a liability for sick pay?
-
Under what conditions is an employer required to accrue a liability for sick pay? Under what conditions is an employer permitted but not required to accrue a liability for sick pay?
-
An estimated 84 percent of enterprises now use cloud computing solutions involving multiple clouds, whereas less than 10 percent of large organizations employ just a single public cloud. Group of...
-
XYZ inc. was involved in a tax dispute with the national tax authority. The companys legal counsel estimates that there is a 75% likelihood that the company will lose the dispute and that the amount...
-
3 . Accounting.. How does depreciation impact financial statements, and what are the different methods of depreciation?
Study smarter with the SolutionInn App