Question
GMS Ltd has the following information for the year Business investment loss (150,000) Capital Gains 8,000 Allowable capital losses (3,000) Other Division B Income 60,000
GMS Ltd has the following information for the year Business investment loss (150,000) Capital Gains 8,000 Allowable capital losses (3,000) Other Division B Income 60,000 Charitable Donations made (7,000) What is the non capital loss carry forward for the year?
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NonCapital loss for the year includes any loss incurred from employemnt property or a busi...
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Principles Of Accounting
Authors: Robert Libby, Patricia Libby, Fred Phillips, Stacey Whitecotton
1st Edition
978-0077300456, 0077300459
