Accounting for Investments in Associates: A Case Study
Accounting for Investments in Associates
At 1 July 2014:
| Net fair value of identifiable assets and liabilities of Chime Ltd | = | $20,000 + $10,000 (equity) |
| + $15,000 (1 – 30%) (assets) | ||
| = | $40,500 | |
| Net fair value acquired | = | 30% x $40,500 |
| = | $12,150 | |
| Cost of investment | = | $13,650 |
| Goodwill | = | $1,500 |
Depreciation:
Non-current assets: – 20% x $15,000 (1 -30%) = $2,100
A. Bell Ltd Does Not Prepare Consolidated Financial Statements
Profit for 2015-2016 period: $180,000
Adjustments for Inter-Entity Transactions:
Unrealised after tax
Read MorePlato’s Philosophy: Ethics, Politics, and the Theory of Ideas
Understanding Plato’s Philosophy
Plato’s philosophy is best understood as:
- A reaction to the philosophical and epistemological doctrines of the Sophists.
- A thought that originates from research and discontent with the political situation of his time. Recall the death sentence Athenian democracy imposed on Plato’s teacher, Socrates.
The fundamental concern of Plato is humanity (morality and ethics) and the state (politics), and the pursuit of happiness and knowledge in both the private (ethics) and public
Read MoreMaintaining and Troubleshooting Computer Storage Devices
Maintaining Computer Storage Devices
Laser Cleaning for Optical Drives
For maintaining a reading recorder, perform these functions:
1. Laser Cleaning
To remove the recorder reading from the cabinet:
- Remove the 8 screws (4 on each side).
- Remove the data bus and its voltage cable.
- Open the hole cover to mechanically remove the lid.
- Once the lid is open, take out the keypad by pressing it with a screwdriver and removing any obstacles.
- Remove the 4 screws on the bottom.
- Clean the laser with a cotton swab slightly
Assessment and Teaching Strategies in Education
Ongoing Assessment
Ongoing Assessment (often called formative) is what we do on a daily basis, continuously, when we intentionally look for information which will help us to see how far a pupil is making progress in line with our objectives. Ongoing assessment is most important for both teacher and pupil. Teachers use the information gained to help pupils by building their teaching or by providing them with specific help. So pupils benefit immediately from the results of the assessment. Example:
Read MoreRealism and the Generation of ’98 in Spanish Literature
Realism and Naturalism in Spain
Realism emerged in mid-19th century France within the context of a burgeoning urban society. In Spain, the heyday of the movement occurred in the 1880s. Its aim was to present, as completely as possible, the world of the bourgeoisie, with its new features and problems: its relationship to power and the lower classes, the emphasis on money, and the role of passions and desire.
In the last years of the nineteenth century, there was an evolution of realistic techniques
Read MoreStephen Dedalus’s Journey: Religion and Politics in Ireland
Portrait Religion
Religion’s Influence on Stephen Dedalus
Joyce fills his work with what actually happened in Ireland at that moment (1916), so it’s a clear reflection of life in Ireland, not only Stephen’s life and development. Religion is one of the main topics of the work. Religion is what surrounds Stephen at school: he attends Clongowes Wood College, and his childish mind starts seeing his teachers, who are priests, as really intelligent people. Stephen has a Christian view of the world; he believes
Read MoreMarcelo Neves: Symbolic Law, Debate, and Social Order
Marcelo Neves: Symbolic Law and Social Order
2.1: From Symbolic Law: A Debate Propellant, Marcelo Neves
Falbo by: From an instrumental point of view, law is identified as a means to an end (to maintain order, resolve conflicts), a means for achieving a normatively social order. The law identifies the normative point of view with an instrumental function. Law as a standard and, as a rule, seeking a means to an end. Size Visible (perceived). Studied further during the course.
Law as a reality meets another
Read MoreThe Sophists: Ancient Greek Intellectuals and Their Impact
The Sophists: Greek Intellectuals
The Sophists were a large group of Greek intellectuals who taught in Athens during the 5th and 4th centuries BC in exchange for high pay. Many were concerned only with winning dialectical arguments, which led to a negative connotation.
They were great travelers, coming into contact with other cultures and causing a change in philosophy. None were Athenian (and therefore could not participate in the assembly).
They arose because, in this era of pre-Socratic philosophy,
Read MoreUpper Class Depiction in Restoration and 18th-Century Literature
The Upper Class in Restoration and 18th-Century Literature
This essay analyzes how the upper class is reflected in Restoration and 18th-century literature.
The upper class has always been a target or a motive for writing. Literary works mentioning this group range from poetry and fiction to drama.
Poetry and the Upper Class
Alexander Pope, a member of the Scriblerus Club, focused on the upper class in his literary production. The Scriblerus Club was known for satire and worried about the high level
Read MoreEnergy Resources, Technologies, and Perspectives
Energy Perspectives
Energy: The property of matter and radiation which is manifest as capacity to perform work. Primary energy: energy in the form that it is first accounted for in a statistical energy balance, before any transformation to secondary or tertiary forms of energy. For example, coal can be converted to synthetic gas, which can be converted to electricity: in this example, coal is primary energy, synthetic gas is secondary energy and electricity is tertiary energy. System: a part of the
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