Transactions for may 2020. 3:bought merchandise from Bic stationers and paid by cheque 21, R29830. 14: sold goods on credit to l. M. Well, R6600 and issued invoice 12. 26:cash sales according to the cash register roll, R8600. P. Human, the owner increased his capital contribution from R128500 to R185000 by depositing a cheque directly into the business bank account. Record in cash payment journals and cash payments journals and debtors journal

Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?

What is a sort of auction for stocks in which traders verbally submit their offers?

The relationship requirement for qualifying relative requires the potential qualifying relative to have a family relationship with the taxpayer. t or fwhich of the following is not a from agi deduction? a.standard deductionb.itemized deductionc.personal exemptiond.none of these. all of these are from agi deductions