Question
Course: Canadian Income Tax On October 1, 2019 David sold 200 shares of Nova Limited, a Canadian public corporation, for proceeds of $28,000. He paid
Course: Canadian Income Tax
On October 1, 2019 David sold 200 shares of Nova Limited, a Canadian public corporation, for proceeds of $28,000. He paid a commission of $300 on the sale. He purchased the shares in July 2011. His adjusted cost base for the 200 shares is $9,000.
How would you report this for income tax on TaxPrep?
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th edition
470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144
