Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 05, 2024

Drove vehicle 3000km each Month (1655 km of that work related) UCC end of 2020 was $25,000.00 Gas/oil $3100.00 Insurance $1900.00 M & Repair $2200.00

Drove vehicle 3000km each Month (1655 km of that work related)

UCC end of 2020 was $25,000.00
Gas/oil $3100.00
Insurance $1900.00
M & Repair $2200.00
Loan interest $1773.00 Calculate vehicle deduction and remaining 2022 UCC

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The ASQ Auditing Handbook

Authors: J. P. Russell

3rd Edition

0873896661, 978-0873896665

More Books

Students explore these related Accounting questions

Question

In Problem 26, suppose youre confident about your own projections, but youre a little unsure about Detroits actual machine screw requirement. What is the sensitivity of the project OCF to changes in...

Answered: 3 weeks ago

Question

Having an obese friend increases the likelihood of obesity.

Answered: 3 weeks ago

Question

Premium paid towards purchase of call options purchased for speculative trade should be treated as a. Expense b. Revenue c. Loss d. Gain

Answered: 3 weeks ago

Question

Mountain Manufacturing is considering the following capital investment proposals. Mountains requirement criteria include a maximum payback period of five years and a required rate of return of 12.5%....

Answered: 3 weeks ago

Question

Write up the following transaction in the books of J. Dunn: 2017 May 01 Started in business with cash $30,000 02 Bought goods on time from T. Lamb $700 03 Paid rent by cash $1,740.00 04 Paid $25,000...

Answered: 3 weeks ago

Question

Annapolis Company has two service departments (Computer Operations & Maintenance Services).Annapolis has two production departments (Mixing Department & Packaging Department.)Annapolis uses a step...

Answered: 3 weeks ago

Question

The Bonggang Bonggang Bang Bang Shop makes three basic types of noisemakers: Beng, Bang, and Bong. A Beng can be made in 30 minutes and has a feather attached to it. A Bang requires 15 minutes, has...

Answered: 3 weeks ago

Question

Question 8 Refer to Step 3.3. In the "Constrained " or "Long Only" version of the optimal risky portfolio , what is the portlolio standard deviation ? Write your answer as a percentage , with no...

Answered: 3 weeks ago

Question

Answer the following question with detail explanation including example of experience of utilizing concurrent engineering in a development process. What were some of the roadblocks encountered in the...

Answered: 3 weeks ago

Question

Management at the Terrain Corporation is implementing a new just-in-time production system to achieve and maintain low inventory levels. This will help the company to reduce costs and increase...

Answered: 3 weeks ago

Question

Risk-neutral probabilities are always Select one: O equal to atomic prices O less than physical probabilities O equal to forward atomic prices O negative O equal to physical probabilities

Answered: 3 weeks ago

Question

1. Is cyberwarfare a serious problem? Why or why not? In July 2010, reports surfaced about a Stuxnet worm that had been targeting Irans nuclear facilities. In November of that year, Irans President...

Answered: 3 weeks ago

Question

4. What should MWEB do in the future to avoid similar incidents? BMWEB, launched in 1997, became South Africas leading ISP in 1998. It has established itself as a company that provides a cutting-edge...

Answered: 3 weeks ago

Question

2. What is the business value of security and control?

Answered: 3 weeks ago

Previous Question Next Question