On July 17, 2018, Kevin places in service a used automobile that cost $25.000. The car is used 80% for business and 20% for personal use. In 2019, he used the automobile 40% for business and 60% for personal use. Determine the cost recovery recapture for 2019.
a. $O
b. $528
c. $2,000
d. S2,500
Answers (2)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “On July 17, 2018, Kevin places in service a used automobile that cost $25.000. The car is used 80% for business and 20% for personal use. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Keven needs to bring data from another database into his own database. He would ___ A) import B) sort C) export D) link
Answers (1)
The 2017 balance sheet of Kerber's Tennis Shop, Inc. showed long term debt of $5.8 million, and the 2018 balance sheet showed long term debt of $6.2 million. The 2018 income statement showed an interest expense of $205,000.
Answers (1)
When managers disregard ethical concerns, the likely result is:?
Answers (1)
Events that occur after the December 31, 2021 balance sheet date, but before the balance sheet is issued, and provide additional evidence about conditions that existed at the balance sheet date and affect the realizability of accounts receivable
Answers (1)
If you were to have 1 football team of your own who would it be? A. cowboys B. lions C. bears D. giants
Answers (1)
New Questions in Business
The ratio of girls to boys on a soccer team is 2 to 3. If there are 25 players on a team, how many are girls? Solve by writing and solving a proportion
Answers (1)
At the beginning of the year, Hallett Company estimated the following: Cutting Department Sewing Department Total Overhead $244,500 $350,000 $594,500 Direct labor hours 31,200 100,000 131,200 Machine hours 150,000 - 150,000 Assume that Hallett has
Answers (1)
Suppose that in a wave of pessimism, housing prices fall by 10% across the entire economy. a. has the stock of real assets of the economy changed?
Answers (1)
TCBW last year had an average collection period (days sales outstanding) of 36 days based on accounts receivable of $380,000. All of the firm's sales are made on credit. The firm expects sales this year to be the same as lat year.
Answers (1)
assume that you provide your services in a company as its HR representative you must now create the code of conduct manual for the company you must have different sections in the manual that refer to professionalism, ethical decision making,
Answers (1)