What is her total depreciation deduction

Assignment Help Accounting Basics
Reference no: EM131806237

Question - In November 2011, Kendall purchases a computer for $4,000. She does not use Sec. 179 or bonus depreciation. She only uses the most accelerated depreciation method possible. The computer is the only personal property which she places in service during the year. What is her total depreciation deduction for 2011?

Reference no: EM131806237

Questions Cloud

Manager and reporting to a higher power : After addressing unfair practice by a manager and reporting to a higher power, there may be times when concerns seem to be 'swept under the rug'.
Identifying cost reduction opportunities and educating : identifying cost reduction opportunities and educating operations personnel on the financial impact of their day-to-day decisions
Select and discuss one of the pyramid levels : Select and discuss one of the pyramid levels (corporate culture) and explain its importance to the success of an organizations development.
Contrast the three common organizational designs : Compare and contrast the three common organizational designs: simple structure, bureaucracy, and matrix structure
What is her total depreciation deduction : The computer is the only personal property which she places in service during the year. What is her total depreciation deduction for 2011
Perform comparative analysis : What are the benefits for companies who perform comparative analysis?
Analyzing a marketing opportunity : Why must internal assessments be conducted when analyzing a marketing opportunity? Provide three reasons.
What is the change in the trade balance : Again, suppose that in the economy described in Question 10, government spending increases by 10. What is the change in the trade balance?
What is pasha basis in the partnership as of december : Pasha and Kris formed PK partnership on January 1 of the current year. What is Pasha's basis in the partnership as of December 31

Reviews

Write a Review

Accounting Basics Questions & Answers

  Basis of property converted from personal use irene owns a

basis of property converted from personal use. irene owns a truck costing 15000 and used for personal activities. the

  Yurman co sells major household appliance service contracts

yurman co. sells major household appliance service contracts for cash. the service contracts are for a 1-year 2-year or

  Gain on sale of debt investments

Tolan Co. purchased 60, 6% Irick Company bonds for $60,000 cash plus brokerage fees of $600. Interest is payable semiannually on July 1 and January 1. If 30 of the securities are sold on July 1 for $32,000 less $300 brokerage fees, the entry would..

  Materials costs of 300000 and conversion costs of 321300

materials costs of 300000 and conversion costs of 321300 were charged to a processing department in the month of

  A manager is trying to estimate the manufacturing costs of

a manager is trying to estimate the manufacturing costs of a new product. the company makes several other products that

  Fixed overhead volume variances

The fixed overhead volume variances is due to:

  Services in a litigation support situation

Why is it important for a forensic accountant to have knowldege of cost behavior patterns in providing services in a litigation support situation?

  Identify the type of ira

Identify the type of IRA that would be best for a taxpayer in each of the circumstances Sharon believes she will be in a higher tax bracket when she withdraws the money in retirement.

  Mccarty pointers inc expects to begin operations on january

mccarty pointers inc. expects to begin operations on january 1 2012 it will operate as a specialty sales company that

  Siburo company issued 300000 11 10-year bonds on january 1

siburo company issued 300000 11 10-year bonds on january 1 2011 for 318694. this price resulted in an

  Determine the cost of goods sold

Assume that Guardian Company uses a periodic inventory system and has these account balances: Determine the cost of goods sold

  A firm is considering renewing its equipment to meet

a firm is considering renewing its equipment to meet increaseddemand for its product. the cost of equipment

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