1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zloy xaker [14]
2 years ago
5

During 2020, Leisel, a single taxpayer, operates a sole proprietorship in which she materially participates. Her proprietorship

generates gross income of $142,000 and deductions of $420,000, resulting in a loss of $278,000. The large deductions are due to the acquisition of equipment and the use of immediate expense and additional first-year depreciation to deduct all of the acquisitions. Can Leisel use all of this loss to offset other income she has
Business
1 answer:
spayn [35]2 years ago
6 0

Answer:

i think it is $98,602

Explanation:

You might be interested in
Amy and Lester are partners in operating a store. Without consulting Amy, Lester enters into a contract to purchase $10,000 of m
Ivan

Answer:

Amy and Lester are both weird so that's your answer.

Explanation:

none needed

4 0
3 years ago
All of the following are types of operating costs except
makvit [3.9K]

Answer:

B. Equity Capital

Explanation:

I KNOW EVERYTHING

3 0
3 years ago
Sally Smith decided to start a sea shell business. Her initial investment in the business consisted of $10,000 in cash. Record t
tensa zangetsu [6.8K]

Based on the transaction that Sally engaged in, recording it will involve:

  • Debiting cash for $10,000.
  • Crediting equity for $10,000.

<h3>Recording Sally's transaction. </h3>
  • The cash transaction is an investment which will be recorded in the Shareholder's Equity account.
  • The investment came in cash so will go to the cash account.

When cash is increased as was the case here, it should be debited. When equity increases as was the case here once more, it is to be credited.

Find out more on shareholder's equity at brainly.com/question/26384373.

8 0
2 years ago
System testing:
yarga [219]

Answer:

C) tests the functioning of the system as a whole.

Explanation:

System testing refers to a process in which a complete system is evaluated to make sure that it works properly and fulfills the requirements. According to this, the answer is that system testing tests the functioning of the system as a whole.

The other options are not right because system testing doesn't separate components or programs as it involves the actual evaluation of the whole system to find defects and it is done before the acceptance testing.

3 0
3 years ago
An example of a Biotechnology research career is a/an
Romashka-Z-Leto [24]
Toxicology (D) is the only correct answer to this question.
3 0
3 years ago
Read 2 more answers
Other questions:
  • ________ and their members provide value because they buy and sell securities on behalf of the companies and individuals they re
    12·1 answer
  • Would you use Real GDP or Nominal GDP to accurately calculate growth in 2011? Explain in three to four sentences.
    9·1 answer
  • When a competitive price-searcher market is in long-run equilibrium the firms will?
    8·1 answer
  • The following data are for the two products produced by Tadros Company.Product A Product BDirect materials $15 per unit $24 per
    8·1 answer
  • Adam Company's net income for the year is $100 million. Weighed-average shares are 50 million shares. In addition to common shar
    9·1 answer
  • To be effective, market researchers must ___________ collect, record, analyze, and interpret data. Group of answer choices syste
    14·1 answer
  • For you, a job where things are not predictable is better than a job where they are predictable
    13·1 answer
  • In order to package one of their products, Acme Box Co. needs to construct a box whose bottom side has length 3 times its width.
    14·1 answer
  • The short-run supply curve for an individual firm operating in a perfectly competitive market is:
    13·1 answer
  • On May 7, Hatch Company purchased on account 700 units of raw materials at $19 per unit. During May, raw materials were requisit
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!