Answer:
D) $4,200
Explanation:
the business investigation expenses of a taxpayer who is already engaged in a similar trade or business are fully deductible in the year incurred regardless of whether or not the taxpayer goes into a new business.
Therefore, the maximum amount of deduction for the current year is
$4,200.
Answer:
The statement is true as well as correct
Explanation:
Agreement, under the terms of law is described as the mutual understanding or the meeting of the minds among two or more persons or parties regarding a reciprocal rights as well as duties in relation to the future performances.
And binding the agreement makes the enforceable contract to the parties, where they are bound to perform the duties. The agreement is usually evident when one party made an offer to another and the other party provide the acceptance to the same.
Answer:
Above the point bar
Explanation:
channelization
Straightened sections of the river channel are lined with concrete to increase the rate of flow and reduce bank collapse
Advantages of channelization
Improves rate of flow
Benefits transportation
Reduces bank collapse
Answer:
correct option is a. Land
Explanation:
given data
land costing = $400,000
subsidiary 2017 = $450,000
land credit = $50,000
solution
While when we consolidating land that will appear in the group asset at the amount of 450,000.
so here the appreciation in the value of land is not realized gain .
so that there will be credit to land with 50,000
so correct option is a. Land
