User Account

All Pages

Should the labor we donate when we volunteer be deductible

Assignment Help Accounting Basics
Reference no: EM131241554

Accounting

Purpose:

Many Americans are very generous donating their time, money, or goods. We learned how to handle the donations that have a monetary VALUE? this week from chapter 6. What about the labor we donate when we volunteer? Should this be deductible? How would it be calculated? What would be the advantages and disadvantages? (Course Objective 1, Learning Objective 6-2)

Directions:

You are required to make an initial post that answers the questions below by Tuesday. PLEASE PROOF your work before posting. Make sure it is professional and represents your best effort. You will not be able to see the posting of your peers until you make your post. After that, please read the posts of your classmates and reply in a meaningful way to at least 2 by Friday. Reply comments that only say "I agree" or "Awesome" will lose points. You are strongly encouraged to look at the rubric grading below to see how your entry and replies will be scored. On Saturday and Sunday, please check the discussion board again and reply to your instructor if your instructor commented on your post and your peers if they asked you any questions.

Please answer the following questions in your initial post:

Should the labor we donate when we volunteer be deductible? How would it be calculated? What would be the advantages and disadvantages?

Reference no: EM131241554

Questions Cloud

Constant angular velocity about its axis : A cylindrical space station located in distant space, rotates with constant angular velocity about its axis. Astronaut Carol rotates with the station and is located at the perimeter, a distance R from the axis.
Prepare consolidated worksheet entries : Prepare consolidated worksheet entries for the preparation of the consolidated financial statements of Besar Ltd at 30 June 2017. Besar Ltd applies the partial goodwill method
Positive plate of the capacitor : The velocity vector v is perpendicular to the magnetic field. The electric field within the capacitor has a value of 170 N/C, and each plate has an area of 7.5 10-4 m2. What is the magnetic force (magnitude and direction) exerted on the positive p..
Identify an experience that could or has disrupted : Reflect on your own life and identify an experience that could or has disrupted/distressed your learning. What things have you done and can you do to reduce the impact of this threat in order to increase your learning? Think about some of the th..
Should the labor we donate when we volunteer be deductible : Should the labor we donate when we volunteer be deductible? How would it be calculated? What would be the advantages and disadvantages?
Predict behavior of ray tracing multiple frames : Do a back of the envelope computation of the approximate time complexity of ray tracing on "nice" (non-adversarial) models. Split your analysis into the cases of preprocessing and computing the image, so that you can predict the behavior of ray tr..
What is the average speed of the river in the gorge : (a) What is the average speed of the river in the gorge? (b) What is the average speed of the water in the river downstream of the falls when it widens to 60 m and its depth increases to an average of 40 m?
Discuss what effect capital structure policy should have : When private equity firms take over publicly traded firms, they usually increase the leverage tremendously. - Discuss what effect this capital structure policy should have on the firm's value and why.
What are the barycentric coordinates and ray parameter : What are the barycentric coordinates and ray parameter where the ray (1, 1, 1) + t(-1, -1, -1) hits the triangle with vertices (1, 0, 0), (0, 1, 0), and (0, 0, 1)? Note: this is a good debugging case.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd