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dybincka [34]
3 years ago
13

According to MACRS tax rate table, which of the following classes uses straight-line depreciation?

Business
1 answer:
Vinil7 [7]3 years ago
8 0
The answer is Residential rental property
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Please share me answer​
Shalnov [3]

Answer:

Explanation:

debit Unearned Revenue   200

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To realize one month of insurance premium revenue

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What is cooperative skill​
Delvig [45]
A co-operative skill is the understanding of how to work effectively with other people on an equal basis towards commonly held aims and objectives
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3 years ago
Broker Burns is negotiating a first trust deed loan for buyers. The buyers have signed a contract for a fifteen year loan. What
Harrizon [31]

Answer:

The answer is 2. Ten percent of the principal of the loan

Explanation:

By law, maximum commissions for first trust deed loans are at :

- 5% of the principal for loans less than 2 years or less than 3 years

- 10% of the principal for loans 3years and more.

Second trust deed loans, on the other hand, are stated at 5% for loans up to 2years, 10% for loans between 2-3 years and 15% for loans more than 3 years.

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Which of these items is a tax deduction?. a)cash awards. b)interest from bonds. c)interest on a home mortgage
wolverine [178]
C)interest on a home mortgage
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Scenario: Economic hardship has befallen the country after a world war in the year 2055. Thankfully, we are victors. However the
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