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-20309-20Final%20Project S2000Student%20Wokbook Etel , Home Insert Page Layout Formulas Data Review View Help P Tell me what you want to do Calibri General B 1

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-20309-20Final%20Project S2000Student%20Wokbook Etel , Home Insert Page Layout Formulas Data Review View Help P Tell me what you want to do Calibri General B 1 yE-Oy . . | |--Merge & Center . s-% , .aB Conditional For bates StCel FormattingTable Styles Styles ard Font Prepare the adjusting entry to record the unrealized loss and include in comprehensive income Tax information and implications $1,500 in meal and entertainment expenses show as a permanent difference for tax. Prepare the necessary adjusting entry . The company uses straight line depreciation for book and MACRS depreciation for the tax return MACRS depreciation was $209,301 higher than book. Prepare the adjusting entry for the deferred tax. There have been recent tax structure changes the could impact the company. Peyton Approved has been a C Corp since the beginning of these chanRes. Peyton provides for taxes at 25% of pretax income (206 Federal, 5% state). Stockholder Equity Peyton Approved prides itself on transparency with shareholders and investors. The company has added two storefront locations and launched a new marketing campaign, which is estimated to bring in 20,000 new customers over the next 6 months The company expects this expansion will require an adlitional $1,000,000 of capital and generate an additional $600,00 of after tax profit. The options are: 1) issuing an additional $1,000,000 of 10%, 100-par convertible preferred stock (same class as is currently outstanding) 2) Issue an additional S1,000,000 of 8% convertible bonds (same terms as the existing issue) 3) $500,000 each of preferred stock and bonds instructions Milestone1 Tna tance 2017 0 Type here to search -20309-20Final%20Project S2000Student%20Wokbook Etel , Home Insert Page Layout Formulas Data Review View Help P Tell me what you want to do Calibri General B 1 yE-Oy . . | |--Merge & Center . s-% , .aB Conditional For bates StCel FormattingTable Styles Styles ard Font Prepare the adjusting entry to record the unrealized loss and include in comprehensive income Tax information and implications $1,500 in meal and entertainment expenses show as a permanent difference for tax. Prepare the necessary adjusting entry . The company uses straight line depreciation for book and MACRS depreciation for the tax return MACRS depreciation was $209,301 higher than book. Prepare the adjusting entry for the deferred tax. There have been recent tax structure changes the could impact the company. Peyton Approved has been a C Corp since the beginning of these chanRes. Peyton provides for taxes at 25% of pretax income (206 Federal, 5% state). Stockholder Equity Peyton Approved prides itself on transparency with shareholders and investors. The company has added two storefront locations and launched a new marketing campaign, which is estimated to bring in 20,000 new customers over the next 6 months The company expects this expansion will require an adlitional $1,000,000 of capital and generate an additional $600,00 of after tax profit. The options are: 1) issuing an additional $1,000,000 of 10%, 100-par convertible preferred stock (same class as is currently outstanding) 2) Issue an additional S1,000,000 of 8% convertible bonds (same terms as the existing issue) 3) $500,000 each of preferred stock and bonds instructions Milestone1 Tna tance 2017 0 Type here to search

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