FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In the current year H Ltd., an HST registrant, disposed of a passenger vehicle (cost $39.000: UCC $26.000) for $20,000. At the same time H

image text in transcribed

In the current year H Ltd., an HST registrant, disposed of a passenger vehicle (cost $39.000: UCC $26.000) for $20,000. At the same time H purchased a new passenger vehicle for $48.000 plus HST. What is the maximum CCA deduction that H can claim in the current year? Note: Do not place a minus sign in front of the amount

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_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

Police Auditing Theories And Practices

Police Auditing Theories And Practices

Authors: Allan Y. Jiao

1st Edition

0398069808, 978-0398069803

More Books

Students also viewed these Accounting questions

Question

★★★★★
Dime a Dozen Diamonds makes synthetic diamonds by treating carbon. Each diamond can be sold for $ 100. The materials cost for a standard diamond is $40. The fixed costs incurred each year for factory...

Answered: 1 week ago

Question

★★★★★
In the previous exercise, the confidence interval for the 20% trimmed mean is shorter than the confidence interval for the mean. Explain why this is not surprising

Answered: 1 week ago

Question

★★★★★
Which of the following is not an advantage of ADRs? a. Cost-effectiveness b. Diversification of investment c. Reduction in administration cost d. None of the above

Answered: 1 week ago

Question

★★★★★
Tucker Inc. produces high-quality suits and sport coats for men. Each suit requires 1.2 hours of cutting time and 0.7 hours of sewing time, uses 6 yards of material, and provides a profit...

Answered: 1 week ago

Question

★★★★★
In object - oriented programming, what is inheritance? a ) The process of creating new objects b ) The process of a subclass inheriting the properties and methods of a superclass c ) The process of...

Answered: 1 week ago

Question

★★★★★
Exercise 15.9 Multiple-element arrangement Alissa Ltd provides a bundled service offering to Customer B. It charges Customer B $35 000 for initial connection to its network and two ongoing services -...

Answered: 1 week ago

Question

★★★★★
Time remaining 01:05:54 Question 13 of 40 Which brief conversation best illustrates the SCQA method of presentation? Question 12 "We should ask ET Diner to cater our next meeting. It has chicken...

Answered: 1 week ago

Question

★★★★★
Students in grades 1-3 use number sense when they Students in grades 1-3 use number sense when they locate and report the percentages of sugar and fat in specific foods. draw equipment used in...

Answered: 1 week ago

Question

★★★★★
Question 4 [Soalan 41 Table 4.1 shows the means of the yield of cucumbers (kg) for different types of fertilizer to the nutrient concentration levels. [Jadual 4.1 dibawah menunjukkan purata hasil...

Answered: 1 week ago

Question

★★★★★
Amelie is setting up in business importing French cheeses. She could open up a small shop, a large outlet, or no shop at all if she decides to sell online only (which she won't be able to do for...

Answered: 1 week ago

Question

★★★★★
Describe the wicked problem in detail - when did it become an issue for the organization; which aspects of the problem are you most concerned about; who is affected; etc. Your Initial thought about...

Answered: 1 week ago

Question

★★★★★
Design a training session to maximize learning. page 296

Answered: 1 week ago

Question

★★★★★
Explain the potential advantages of e-learning for training. page 289

Answered: 1 week ago

Question

★★★★★
Design a cross-cultural preparation program. page 300

Answered: 1 week ago

Previous Question Next Question