What was the total amount removed from Joshuas estate in 2020? In 2019, Joshua gave $15,000 worth
Question:
What was the total amount removed from Joshua’s estate in 2020?
In 2019, Joshua gave $15,000 worth of Microsoft stock to his son. In 2020, the Microsoft shares were worth $23,000.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Answered By
Bhartendu Goyal
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions. I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge. I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields. Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a tea...
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Focus On Personal Finance
ISBN: 9781265521974
7th Edition
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
Question Posted:
Students also viewed these Business questions
-
What was the total amount of taxes paid by Ajinkya to the suppliers? Ajinkya Electronic Systems, a company in India that manufactures many different electronic products, has to purchase goods and...
-
What is the total amount removed from Joshua's estate in 2014?
-
What was the total cost of Tootsie Rolls treasury stock at December 31, 2007? What was the amount of the 2007 cash dividend? What was the total charge to Retained Earnings for the 2007 stock dividend?
-
#CCSEngage de-8/volume-of-spheres IXL Search topics and skills Learning Diagnostic Recommendations DIXLI Volume of spheres | 8th gra X aaaaas Eighth grade > T.14 Volume of spheres QX7 Submit 9 mm...
-
Violent-crime rates in the United States are shown in Table 34 for various years. Let v be the violent-crime rate (number of violent crimes per 100,000 people) at t years since 2000. a. Construct a...
-
Explain how the tariff on textiles will change the price that U.S. buyers pay for textiles, the quantity of textiles imported, and the quantity of textiles produced in the United States.
-
AFN EQUATION Refer to Problem 16-1. What additional funds would be needed if the companys year-end 2014 assets had been $4 million? Assume that all other numbers are the same. Why is this AFN...
-
Tucson, a U.S. corporation organized in Year 1, reports the following items for a three-year period. The foreign source and worldwide taxable income items are determined under U.S. law. a. What is...
-
Following is the financial information of Omega Investor Inc. for the last fiscal year: Average operating assets $24,000,000 Operating income $3,600,000 Minimum required rate of return 10% Calculate...
-
A group of businesspeople from Scott Island are considering filing an application with the state banking commission to charter a new bank. Due to a lack of current banking facilities within a 10-mile...
-
What was the gift tax in 2020? In 2019, Joshua gave $15,000 worth of Microsoft stock to his son. In 2020, the Microsoft shares were worth $23,000.
-
What was the gift tax in 2019? In 2019, Joshua gave $15,000 worth of Microsoft stock to his son. In 2020, the Microsoft shares were worth $23,000.
-
Define these terms: 1. Non-profit Organisation. 2. Accumulated fund. 3. Surplus. 4. Receipts and payments account. 5. Statement of income and expenditure.
-
Saskatchewan Soy Products (SSP) buys soy beans and processes them into other soy products. Each tonne of soy beans that SSP purchases for $300 can be converted for an additional $200 into 500 lbs of...
-
Pharoah Acres sponsors a defined-benefit pension plan. The corporation's actuary provides the following information about the plan: January 1, 2025 December 31, 2025 Vested benefit obligation $510...
-
Company panther is compelled to pick between two machines An and B. The two machines are planned in an unexpected way, yet have indistinguishable limit and do the very same work. Machine A costs...
-
On April 30, 2023, a company issued $600,000 worth of 5% bonds at par. The term of the bonds is 9 years, with interest payable semi- annually on October 31 and April 30. The year-end of the company...
-
Identify the following; MethodBodyReturn statementReturn typeParameter Look at this example we saw in our Methods lesson: public double findTheArea (double length, double w idth) { double area =...
-
Matt and Sandy reside in a community property state. Matt left home in April 2018 because of disputes with his wife, Sandy. Subsequently, Matt earned $15,000. Before leaving home in April, Matt...
-
A police officer pulls you over and asks to search your vehicle because he suspects you have illegal drugs inside your car. Since he doesn't have reasonable suspicion to search your car, legally he...
-
A service contract for a video projection system costs $70 a year. You expect to use the system for five years. Instead of buying the service contract, what would be the future value of these annual...
-
While fraud usually involves deceptions against consumers, what are some frauds that consumers commit against business?
-
Robert Sampson owns a $140,000 townhouse and still has an unpaid mortgage of $110,000. In addition to his mortgage, he has the following liabilities: Visa $565 MasterCard 480 Discover card 395...
-
Marigold industries had the following inventory transactions occur during 2020: 2/1/20 Purchase 51 units @ $46 cost/unit 3/14/20 purchase 98 units @ $49 cost/unit 5/1/20 purchase 68 units @ $53...
-
In this investment portfolio simulation, you and the bean counters, will invest and manage a fictitional amount of $ 1 , 0 0 0 , 0 0 0 during next three weeks. The simulation includes two fictitional...
-
Roberson Corporation uses a periodic inventory system and the retail inventory method. Accounting records provided the following information for the 2018 fiscal year: Cost Retail Beginning inventory...
Study smarter with the SolutionInn App