Business, 31.01.2022 14:00 kaitlynbrace9742
Minakshi and kanchal are two real sisters. Minachi is an author and kanchan a business woman. Kanchan
has developed a new technique which is very useful for their business. Both the sisters are experts in
their respective fields. Minakshi learnt from someone that some people were coping her written work
(literary creation). Kanchan also learnt from some that the other businessmen were taking advantage of
their creations. One of their lawyer friends advised them that both of them were the owners of a special
property and the government had provided them with a legal security they could get rid of their worry
by taking advantage of this facility.
Answer the following questions related to the above paragraph:
1.Which particular property is possessed by both the sisters?
2.To which class belongs Minakshiās property?
3.To which class belong Kanchans property?
Answers: 2
Business, 23.06.2019 01:30
James jones is the owner of a small retail business operated as a sole proprietorship. during 2017, his business recorded the following items of income and expense: revenue from inventory sales $ 147,000 cost of goods sold 33,500 business license tax 2,400 rent on retail space 42,000 supplies 15,000 wages paid to employees 22,000 payroll taxes 1,700 utilities 3,600 compute taxable income attributable to the sole proprietorship by completing schedule c to be included in jamesās 2017 form 1040. compute self-employment tax payable on the earnings of jamesās sole proprietorship by completing a 2017 schedule se, form 1040. assume your answers to parts a and b are the same for 2018. further assume that james's business is not a service business, and that it has $155,000 unadjusted basis in tangible depreciable property. calculate james's 2018 section 199a deduction.
Answers: 1
Business, 23.06.2019 02:10
Goldman services hired a new clerk to keep custody of and maintain all the equipment in the equipment yard. the clerk has not yet been adequately trained on the maintenance needs of the equipment. which internal control procedure needs strengthening?
Answers: 2
Business, 23.06.2019 12:30
If you owned a restaurant would you manage it yourself or i or someone to manage it for you
Answers: 2
Minakshi and kanchal are two real sisters. Minachi is an author and kanchan a business woman. Kancha...
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