Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. sandra sold a plat of land to roboto roberto on ju

Sandra sold a plat of land to Roboto Roberto on June 30,2022 the sale price...

70.2K

Verified Solution

Question

Accounting

Sandra sold a plat of land to Roboto Roberto on June 30,2022 the sale price was $50,000 and Sandra's in the property was $30,000 Roberto made one payment of $10,000 during 2023 and agree to pay an additional $10,000 each year plus interest for the next four years using the installment method what is Sandra's taxable gay for 2023 is it 400010,00020,000 or 50,000

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

Researchers took 10 randomly selected hockey fans and measured how much money they spent on...

Statistics
Q

Prove that the diagonals of a square meet at a point half way from each opposing...

Basic Math
Q

The most recent financial statements for Moose Tours, Inc., appear below. Sales for 2016 are projected...

Finance
Q

Write a program in C or C++ that takes a number series of size n (n...

Programming
Q

1. Two devices that can be used to breakdown a spectrum into its components are the...

Physics
Q

what are the components of the reactive power compensation with description and figures?

Electrical Engineering
Q

03 A resistance wire connected in the left gap of a metre bridge balances a...

Physics
Q

If two vectors A 1 3 5k and A 1 31 ak are equal then...

Physics
Q

Part IV Mark anything in words or congruence statements or vertical angles or reflexive sides...

Algebra
Q

UIS sm Use the equation below to answer the question y 3x 6 Which equivalent...

Algebra
Q

On March 1, 2021, Beldon Corporation purchased land as a factory site for $64,000. An...

Accounting
Q

Measures of liquidity, solvency, and profitability The comparative financial statements of Marshall Inc. are as...

Accounting