Augie purchased one new asset through the year 5 year asset

Assignment Help Cost Accounting

Reference no: EM13370269

Augie purchased one new asset through the year (5 year asset) on 11/10/2013, cost 750k. She made the 179 election. The income from the business before the cost recovery deduction and 179 deductions was 810k. She takes additional first year depreciation. Evaluate the cost recovery deduction with respect to the asset for 2013.

Reference no: EM13370269

Questions Cloud

Riposte corporation manufactures a computer chip called xd1 : riposte corporation manufactures a computer chip called xd1. manufacturing cost of one xd1 chip excluding rework costs

You are the assistant accountant of a small manufacturing : you are the assistant accountant of a small manufacturing company. your manager who is not an accountant is regarding

Global co had the subsequent at the end of the : global co had the subsequent at the end of the year-department a department b plant totaldirect material cost 338000

A c corporation gets a machine for 100000 and placed it in : a c corporation gets a machine for 100000 and placed it in service on august 15 2007. the corporation elected s

Augie purchased one new asset through the year 5 year asset : augie purchased one new asset through the year 5 year asset on 11102013 cost 750k. she made the 179 election. the

How do you judge a businesss well-being from examining its : how do you judge a businesss well-being from examining its capital structure? does it make a difference who you are

Red blue white and magenta have taxable income as : red blue white and magenta have taxable income as givencorporation taxable amountblue 91000white 320000red

Lizzie shoes experience gift cards that have not been : lizzie shoes experience gift cards that have not been redeemed within 12 months are not probable to be redeemed. lizzie

Show the proper accounting treatment of the 273000 714000 - : show the proper accounting treatment of the 273000 714000 - 441000 by which the cost of first machine exceeded the cost

Reviews

Write a Review

Required(*) Message

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages