Lambda Ventures, an unincorporated business, has a class 10 UCC balance on January 1, 2010 of $453,000.During 2010, it acquires additional Class 10 assets at a cost of $63,200.Also during 2010; it deducts $36,700 from the Class 10 UCC for dispositions. Determine the maximum CCA for 2010 and the January 1, 2011 UCC balance.

 

 

Posted Date: 3/16/2013 6:38:14 AM | Location : United States

Ask an Expert

Related Discussions:- Determine the maximum cca , Assignment Help, Ask Question on Determine the maximum cca , Get Answer, Expert's Help, Determine the maximum cca Discussions

Write discussion on Determine the maximum cca
Your posts are moderated

Write your message here..

Related Questions

Calculate taxable income, Temporary difference; future deductible amounts; ... Temporary difference; future deductible amounts; taxable income given Lance Lawn Services reports warranty expense by estimating the amount that eventually will be paid to satis

What method of tax accounting used, Jenny is 35 years of age, single and is... Jenny is 35 years of age, single and is a professional hairdresser. She was born in Australia, however she often travels overseas for extended periods for work purposes. Jenny rec

Effects of a tax on producers of corn syrup, In response to rising obesity,... In response to rising obesity, a number of pundits have proposed taxing corn syrup, an ingredient in most soda pop. Let's consider the market for corn syrup assuming this tax take

Loopholes and the Tax System, Hello! My name is Jeanne Lebel and I am a sen... Hello! My name is Jeanne Lebel and I am a senior at TC Central High School. I would need somebody to interview for my final Recommendation paper, which is on the topic listed above

Tax haven, T ax Haven A country with tax-preference laws for fo... T ax Haven A country with tax-preference laws for foreign organization and individuals. 3 classes of jurisdictions are provided to as tax havens those are (1) levy taxe

Payroll, In May of the current year, your employer received a PIER report f... In May of the current year, your employer received a PIER report from the CRA that identified Canada Pension Plan (CPP) contribution deficiencies for employees in the organization

Principles , principles of business taxation principles of business taxation

Calculate any tax payable, The will of B Dark, who died on 31 March of the ... The will of B Dark, who died on 31 March of the previous income year, provides that after payments of debts and legacies the residue of the estate is to be held in trust and the in

Assignment(case), Canadian taxation Canadian taxation

Taxation - opportunity cost of capital and tax rate given, BBQ Beach corpor... BBQ Beach corporation manufactures inflatable air-matresses and life jackets for summer fun. the firm is considering replacement of their existing production line (CCA Class 8, d=2