Calculate Alexandra maximum depreciation deduction

Assignment Help Accounting Basics
Reference no: EM132676254

Problem - On February 2, 2019, Alexandra purchases a personal computer. The computer cost $1,800. Alexandra uses the computer 85 percent of the time in her accounting business, and the remaining 15 percent of the time for various personal uses. Calculate Alexandra's maximum depreciation deduction for 2019 for the computer, assuming half-year convention and she does not use bonus depreciation or make the election to expense.

Reference no: EM132676254

Questions Cloud

Discussing how the learning experiences in the class : Develop a double-spaced, four-to-six (4-6) page paper (excluding title and reference pages) discussing how the learning experiences.
Imagine you have completed stakeholder analysis : Imagine you have completed a stakeholder analysis and you identify a high power, high interest stakeholder with strong objections to change,
Calculate Jay depreciation deduction : Jay uses the accelerated method under MACRS. Jay does not elect to expense. Calculate Jay's depreciation deduction for 2019 assuming bonus depreciation
Preserve the verifiable integrity of digital evidence : Explain the process used to preserve the verifiable integrity of digital evidence. How does this ensure that data is preserved unmodified?
Calculate Alexandra maximum depreciation deduction : Calculate Alexandra's maximum depreciation deduction for 2019 for the computer, assuming half-year convention and she does not use bonus depreciation
Criminal justice system in area of computer crime : What are the biggest problems facing the criminal justice system in the area of computer crime?
Calculate Williams maximum depreciation deduction : Calculate William's maximum depreciation deduction for 2019, assuming he uses the automobile 100 percent in his business
Business strategy to drive organizational strategy : Why is it important for business strategy to drive organizational strategy and IS strategy? What might happen if the business strategy was not the driver?
Calculate Holly total depreciation deduction : The cost basis assigned to the building is $700,000. Calculate Holly's total depreciation deduction for the apartments for 2019 using MACRS

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd