Question
John, CPA, maintains a household in which he and his dependent child lives. Johns wife who he is still legally married to disappeared in 2017
John, CPA, maintains a household in which he and his dependent child lives. Johns wife who he is still legally married to disappeared in 2017 with someone more interesting or another CPA with more money. He has not seen or communicated with her since March of that year.
During 2019, John had the following transactions:
Salary $50,000
Worker Compensation 5,000
Interest income on US Government Bonds 4,000
Capital Loss 4,000
Johns AGI in 2019 is:
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Financial Accounting Tools For Business Decision-Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Canadian Edition
0470833378, 978-0470833377
