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vidus que Required information The following information applies to the questions displayed below.) BCS Corporation is a calendar-year, accrual method taxpayer. BCS was formed and

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vidus que Required information The following information applies to the questions displayed below.) BCS Corporation is a calendar-year, accrual method taxpayer. BCS was formed and started its business activities on January 1 of this year. It reported the following information for the year. Indicate BCS's deductible amount for this year in each of the following alternative scenarios. (Leave no answers blank. Enter zero if applicable.) a. BCS provides two-year warranties on products it sells to customers. For its current-year sales, BCS estimated and accrued $200,000 in warranty expense for financial accounting purposes. During this year, BCS actually spent $30,000 repairing its product under the warranty Deductible amount Required information [The following information applies to the questions displayed below.) BCS Corporation is a calendar-year, accrual-method taxpayer. BCS was formed and started its business activities on January 1 of this year. It reported the following information for the year. Indicate BCS's deductible amount for this year in each of the following alternative scenarios. (Leave no answers blank. Enter zero if applicable.) b. BCS accrued an expense of $50,000 for amounts it anticipated it would be required to pay under the workers compensation act. During the year, BCS actually paid $10,000 for workers' compensation-related liabilities. Deductible amount 2 of 4 Required information The following information applies to the questions displayed below) BCS Corporation is a calendar-year, accrual-method taxpayer. BCS was formed and started its business activities on January 1 of this year. It reported the following information for the year. Indicate BCS's deductible amount for this year in each of the following alternative scenarios. (Leave no answers blank. Enter zero if applicable.) c. In June of this year, a display of BCS's product located in its showroom fell and injured a customer. The customer sued BCS for $500,000. The case is scheduled to go to trial next year. BCS anticipates that it will lose the case and this year accrued a $500,000 expense on its financial statements. ces Deductible amount TUU SKIpped this question in the previous attempt. Required information [The following information applies to the questions displayed below.) BCS Corporation is a calendar-year, accrual-method taxpayer, BCS was formed and started its business activities on January 1 of this year. It reported the following information for the year. Indicate BCS's deductible amount for this year in each of the following alternative scenarios. (Leave no answers blank. Enter zero if applicable.) e. On December 1 of this year, BCS acquired equipment from Equip Company. As part of the purchase, BCS signed a separate contract that provided that Equip would warranty the equipment for two years (starting in December 1 of this year). The extra cost of the warranty was $12,000, which BCS finally paid to Equip in January of next year, Deductible amount

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