Question List for "Federal Taxation 2017 Individuals"

  Topics Views Last post
Accounting » In year 1 a contractor agrees to build a building for $2,500,000 by the end of year 2. The builder's ... New
Started by Ebrown
31 Sep 13, 2020
Accounting » Natalie sold a machine for $140,000. The machine originally cost $95,000 and $15,000 of MACRS ... New
Started by Tirant22
266 Sep 13, 2020
Accounting » If a cash basis taxpayer gives a note in payment of an expense, the deduction may not be taken until ... New
Started by awywial
61 Sep 13, 2020
Accounting » Doug is going to sell land for $100,000. The terms of the sale include $20,000 down and $20,000 plus ... New 29 Sep 13, 2020
Accounting » A taxpayer must use the same accounting method on the personal tax return that the taxpayer uses in ... New
Started by jerry coleman
52 Sep 13, 2020
Accounting » A taxpayer who uses the LIFO method of inventory valuation may use the lower of cost or market method. New
Started by Yolanda
36 Sep 13, 2020
Accounting » In 2016, Richard's Department Store changes its inventory method from FIFO to LIFO. Richard's uses ... New
Started by xroflmao
51 Sep 13, 2020
Accounting » On July 25 of this year, Raj sold land with a cost of $15,000 for $40,000. Raj collected $20,000 ... New
Started by Caiter2013
34 Sep 13, 2020
Accounting » What is the significance of the Thor Power Tool Co. case? New
Started by Diane
30 Sep 13, 2020
Accounting » In year 1 a contractor agrees to build a building for $2,500,000 by the end of year 2. The builder's ... New
Started by jjjetplane
64 Sep 13, 2020