Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 5 rinc., has a total of $41,000 of organi

QUESTION 5 RInc., has a total of $41,000 of organization expenses from 2019, 2020, and...

80.2K

Verified Solution

Question

Accounting

image

QUESTION 5 RInc., has a total of $41,000 of organization expenses from 2019, 2020, and 2021, and is finally formed and starts business operations on March 1, 2021. How much will R deduct in 2021. $2,278. $5,000. $7,000. $41,000. QUESTION 6 T Corp gave inventory (winter coats) away to a charity that helps the needy. Its basis in the inventory was $5,000, and the value was $18,000. Determine the dollar amount of the donation for tax purposes. O $5,000. 0 $10,000 O $11,500. $18,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

13 Suppose the equation y 52 represents the exam score y earned by a student...

Statistics
Q

Green Manufacturing, Inc., plans to announce that it will issue $7 million of perpetual debt and...

Finance
Q

Given a random variable X following normal distribution with mean of -3 and standard deviation of...

Statistics
Q

The first program is to count the number of zeros in $3855. Please     add comments to...

Programming
Q

Differentiate the functions of DOSH, NIOSH & SOCSO and If an accident happens at the construction...

Civil Engineering
Q

As a business investment, you are planning to open several donut shops throughout the city of...

General Management
Q

The following tables shows 5 year returns of different funds Mutual Fund Annual Return (%) Year 1 Year 2 Year...

General Management
Q

1 Describe the biological roles of the viral capsids in the virus life cycle 2...

Biology
Q

Initially there is no current in the inductors and capacitor is charged to a potential...

Physics
Q

A ladder 25 feet long is leaning against the wall of a house The base...

Calculus
Q

How do people respond to systems changes, and how can dysfunctional behavior be minimized?

Accounting
Q

Firm A purchased Firm B for $4,000 when firms B fair value was $2,000. One...

Accounting