Answer:
The amount of capital loss carryover to year 15 is 152,000
Explanation:
The working is attached with the answer please find the attached file.
The following losses cannot be claimed or considered
- Loss on sale of stock purchased in March year 14, sold on October 10, year 14, and repurchased on November 2, year 14
- Loss on the sale of their personal automobile
Answer:
b. $10,000 and $25,000
Explanation:
For computing the the book value of an asset
, first we have to determine the depreciation expense which is shown below"
So, under the straight-line method, the depreciation expense would be
= (Original cost - residual value) ÷ (useful life)
= ($45,000 - $5,000) ÷ (4 years)
= ($40,000) ÷ (4 years)
= $10,000
For two years, the depreciation would be
= $10,000 × 2 years
= $20,000
In this method, the depreciation is same for all the remaining useful life
Now the book value would be
= Acquired value of an asset - accumulated depreciation
= $45,000 - $20,000
= $25,000
Acc 450 the date of the management representation letter should coincide with the <u>auditor's report</u>.
A management representation letter could on the whole be dated the equal date as the auditor's report, although it may be dated and received later to verify oral representations. however, the letter should be is not dated no in advance than the auditor's document.
All financial records have been made to be had to the auditors. All board of directors mins is whole. Management has made available all letters from regulatory companies regarding financial reporting noncompliance. There aren't any unrecorded transactions.
Management representations should be obtained about uncorrected misstatements diagnosed by using the auditor, the absence of unrecorded transactions, and times of immaterial fraud involving employees who've widespread roles in internal control.
Learn more about auditors here: brainly.com/question/14535075
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What Mario should do from including this in his headline is being considerate on how he is doing from knowing how the people are going to be apparently right to give note in his own headline he created by using a text ad.
As regards the statement on giving a carefully chosen gift to those you do business with in China being a norm, this statement is <u>True</u>.
<h3>What is considered a norm in Chinese business?</h3>
The Chinese believe that when you do business with someone, you should present them with a carefully thought out and chosen gift.
This shows great respect for your business partner, and can help negotiations to go along more smoothly.
Find out more on business norms at brainly.com/question/5718637.
