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Question - Thomas and Dolores Mills are married and have two children, Amy and Patty. They lived in Dallas Texas through July. They sold their home (for a loss) on August 1, they changed their domicile to Lansing Michigan.
Income items for the Mills family: while domiciled in Texas. Wages for Thomas in Texas $45000, Interest for Thomas $500. Ordinary dividends for (Dolores's inheritance $2300.) unemployment for Thomas $2600
Income while domiciled in Michigan (Assume that no community funds went with them to Michigan) Wages for Thomas. $27500. Ordinary nonqualfiled dividends for Dolres $1300.
The Mills will file separate federal income tax returns. What amount of wages and unemployment will Thomas report on his Form 1040?
June 18, 2014 a company borrows $20,000 from a bank with a one year term and an annual interest rate of 6%. What is the total interest expense for 2015?
Prepare the journal entry to record Flyer's bad debt expense for 2015. 2.. Now assume that Flyer estimates bad debt expense as 10% of accounts receivable. Prepare the journal entry to record Flyer's bad debt expense for 2015. 3.
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the 2010 annual report of software city inc. included the following comparative summary of earnings per share over the
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The assets and liabilities of Impeccable Travel Service at November 30, 2010, the end of the current year, and its revenue and expenses for the year are listed below.
Why has the leasing standard been changed? What will change? What does it mean for your chosen stakeholder
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