Question
A company car is used 60% for business and 40% for personal use. Annual tax depreciation is $16,000. Compute allowable depreciation if the car is
A company car is used 60% for business and 40% for personal use. Annual tax depreciation is $16,000. Compute allowable depreciation if the car is owned by a sole proprietorship and driven by the owner.
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Accountants Guide To Fraud Detection And Control
Authors: Howard R. Davia, Patrick C. Coggins, John C. Wideman, Joseph T. Kastantin
2nd Edition
0471353787, 9780471353782
