Answer:
$13,000
Explanation:
Most property purchased during 2019 and beyond, may be expenses using Section 179 tax deductions. The limit for 2019 was $1 million and that is way more than $13,000. Section 179 is one of the few benefits that small business got from the Tax Cut and Jobs Act, and it can be really useful.
Businesses can deduct the full purchase price of qualifying equipment (used manufacturing equipment qualifies) as long as it was purchased after January 1, 2019. This is an incentive created to encourage businesses to buy more equipment and invest more.
Is your daily behavior. Money related teachers, mentors, and different professionals work to enable individuals to enhance their monetary lives and show signs of improvement condition of budgetary prosperity. To tell whether these endeavors are fruitful, the field needs a solid meaning of individual budgetary prosperity.
Answer:
It looks like you have to make a presentation for this.
Explanation:
You have to create a ppt (and quick) on promotion.
Answer:
A: Expense
B: Capitalize (Equipment)
C: Capitalize (Equipment)
D: Capitalize (Land)
E: Expense
F: Expense
G: Capitalize (Building)
H: Expense
Explanation:
A: Expense
Training of employees is a revenue expenditure
B: Capitalize (Equipment)
Invoice cost is the cost of Equipment and hence must be capitalized
C: Capitalize (Equipment)
This will be deducted from the cost
D: Capitalize (Land)
This is an essential cost to purchase land
E: Expense
Property tax is expense out
F: Expense
Tune-up cost is a revenue expenditure
G: Capitalize (Building)
Foundation cost is essential to bring asset in usable condition
H: Expense
Insurance is a revenue expenditure
Answer:
$13,240
Explanation:
The computation of the sales in first quarter of the year is shown below:
= January sales units + January sales units × increased percentage + February sales units × increased percentage
= 400 units + 400 units × 1.1 + 440 units × 1.1 units
= 400 units + 440 units + 484 units
= 1,324 units
So, now the sales is
= 1,324 units × $10
= $13,240