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Alina [70]
4 years ago
14

A gifted depreciable business equipment to her brother. how do you report it if brother sells the equipment

Business
1 answer:
Alja [10]4 years ago
4 0

Answer: It is a No problem gift.

The first type of no-problem gift is personal property.

on which you did not claim Section 179 expensing,

that is not listed property, and

that would not produce a deductible tax loss if sold by you.

Explanation:

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3 years ago
A corporation issued $580000, 10%, 5-year bonds on January 1, 2020 for $626400, which reflects an effective-interest rate of 7%.
ioda

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, the given data are as follows:

For Jan.1,2020 value = $626,400

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So, we can calculate the amount of bond interest expense by using following formula:

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Hence, the amount of bond interest expense to be recognized on December 31, 2020, is $43,838.

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3 years ago
Alex left his position as a manager for Macy's after two years. He complained of being burned out from having to fulfill too man
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<em>Answer:</em>

<em>d. delegation.     </em>

<em>Explanation:</em>

<em>Delegation: </em><em>In management, delegation is described as any of the assignment related to an authority figure that is being given to another individual, for example, a task or assignment given by a manager to his or her subordinate to lead a few specific activities. Delegation is determined as one of the different concepts related to "management leadership". Therefore, an individual who is being delegated a specific work tends to remains "accountable" for the output of the "delegated work".</em>

<em>As per the question, Alex probably never learned to use the tool of delegation.</em>

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3 years ago
How to delete a car from your state farm insurance
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Answer:

hack

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2 years ago
Read 2 more answers
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