Solution-Explain how both julie and the sole proprietorship

Explain how both julie and the sole proprietorship

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Reference no: EM13539858

Julie transferred a personal-use computer to her sole proprietorship. The computer originally cost her $3,000. At the date of transfer, the computer had a fair market value of $1,000. Explain how both Julie and the sole proprietorship will treat this for tax purposes.

Reference no: EM13539858

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Explain how both julie and the sole proprietorship

Reference no: EM13539858

Reference no: EM13539858

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