The income tax rate is 40 percent. The valuationallowance for deferred tax assets was zero throughout Year 7 and Year 8. Prepare the journal entry to recog-nize income tax expense for Year 7 and for Year 8.
Ikogosi Warm Springs. The Ikogosi Warm Springs is a tourist attraction located at Ikogosi, a town in Ekiti State, southwestern Nigeria. Flowing abreast the warm spring is another cold spring which meets the warm spring at a confluence, each maintaining its thermal properties. These attributes make the spring a tourist attraction in Nigeria.
Ohorongo Cement was established in 2007. The plant is situated between Tsumeb and Otavi on Farm Sargberg approximately 45 km south of Tsumeb. The plant has a production capacity of 650000 tpa, almost double the demand of the Namibian domestic market.It is owned by Schwenk KG.horongo Cement was established in 2007. The plant is situated between Tsumeb and Otavi on Farm Sargberg approximately 45 km south of Tsumeb. The plant has a production capacity of 650000 tpa, almost double the demand of the Namibian domestic market. It is owned by Schwenk KG.