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dezoksy [38]
4 years ago
6

What is the IRS method of allocating expenses between rental use and personal use?

Business
1 answer:
lidiya [134]4 years ago
3 0

Answer:

Schedule E- Allocation of Rental and Personal Expenses.  

Explanation:

Hello so I am gonna assume your talking about what I said above if you use your dwelling unit for both rental and personal purposes, divide your expensive  between the rental use and the personal use based on the number of days used for each purpose.

Hope this helps :)

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During the year, Hamlet Inc. paid $22,000 to have bond certificates printed and engraved, paid $170,000 in legal fees, paid $9,0
xenn [34]

Answer:

$481,000

Explanation:

Bond issue costs are either direct or indirect costs:

  • direct costs include underwriting fees, listing fees, professional fees, compliance costs and other costs related to the IPO or APO (secondary issues), e.g printing costs
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Total bond issue costs = $22,000 + $170,000 + $9,000 + $280,000 = $481,000

5 0
3 years ago
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Explanation:

December 31, 2016: To record accrued wages for one day (10 workers × $145) = $1,450.

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See attached photo.

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3 years ago
What could happen if you do not keep track of your checks you write?
velikii [3]
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3 years ago
Choose all that apply. Select all the responsibilities of consumers. Gather information about products and services before makin
jolli1 [7]

Answer:

Stay informed about products that you buy to be aware of product recalls.

Gather information about products and services before making a purchase to be aware of price, quality, and the product specifications.

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8 0
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A product whose demand rises when income rises, and vise versa, is a __​
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Answer:

A product whose demand rises when income rises, and vise versa, is a Normal Good.

Explanation:

Hope this helps! Have a good day!

7 0
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