subject
Business, 29.10.2021 04:00 whitegirlkodakk9644

The following taxes were paid by the Browns during the year: real estate taxes on their home, $2,000; state income taxes, $4,500; city sales tax, $2,800; state sales taxes of $400 paid while on vacation to states other than the state in which they resided; state gasoline tax (personal use of automobile), $30; dog licenses, $20; and real estate taxes on the home of Mrs. George Brown, mother of Barney Brown, $1,450. Barney's mother owns her home. In itemizing their deductions, the Browns should claim a deduction of taxes of:. a. $9,960
b. $6,500
c. $9,510
d. $10,380
e. None of these

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:00
Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paar’s equipment (10-year life) has a book value of $420,000 but a fair value of $520,000. kimmel has equipment (10-year life) with a book value of $272,000 but a fair value of $400,000. paar uses the equity method to record its investment in kimmel. on december 31, 2014, paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipment with a book value of $190,400 but a fair value of $357,000. the consolidated balance for the equipment account as of december 31, 2014 is $574,000. what would be the impact on consolidated balance for the equipment account as of december 31, 2014 if the parent had applied the initial value method rather than the equity method? the balance in the consolidated equipment account cannot be determined for the initial value method using the information given. the consolidated equipment account would have a higher reported balance. the consolidated equipment account would have a lower reported balance. no effect: the method the parent uses is for internal reporting purposes only and has no impact on consolidated totals.
Answers: 2
question
Business, 22.06.2019 11:00
Consider an economy where government expenditures are 10 and total tax revenues are 10. the supply of labor is fixed at 125 and the supply of capital is fixed at 8. the economy is described by the following equations. y k to the power of 1 divided by 3 end exponent l to the power of 2 divided by 3 end exponent c 2.5 + 0.75 ( y - t ) i 10 - 0.5 r the level of private savings is
Answers: 1
question
Business, 22.06.2019 20:30
The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.
Answers: 3
question
Business, 23.06.2019 01:10
Hillside issues $4,000,000 of 6%, 15-year bonds dated january 1, 2016, that pay interest semiannually on june 30 and december 31. the bonds are issued at a price of $4,895,980. required: 1. prepare the january 1, 2016, journal entry to record the bonds’ issuance
Answers: 3
You know the right answer?
The following taxes were paid by the Browns during the year: real estate taxes on their home, $2,000...
Questions
question
Social Studies, 09.10.2019 16:00
question
Mathematics, 09.10.2019 16:00
question
History, 09.10.2019 16:00
question
Mathematics, 09.10.2019 16:00
question
Biology, 09.10.2019 16:00