User Account

All Pages

What is his deductible keogh contribution

Assignment Help Accounting Basics
Reference no: EM131814997

Question - Xavier is a self employed plumber. His earnings from self-employment before the Keogh deduction but after deducting half of the self-employment tax are 80,000 what is his deductible Keogh contribution for 2011?

a-16,000

b-20,000

c-49,000

d-64,000

Reference no: EM131814997

Questions Cloud

What can be done to help the victims of crime : You have been asked to present at a local human services conference on the efforts of correctional support within the community.
What is teresa basis in the stock after distribution : Heidi and Teresa are equal partners in the HT Partnership. What is Teresa's basis in the stock after distribution? What is her remaining "outside" basis in HT
Explain the importance of reassessing a client : Explain the importance of reassessing a client? What strategies for release from supervision and continued client growth strategies do you think you will use?
Prepare the company classified balance sheet : Preparing financial statements including a classified balance sheet in report form, preparing and posting closing entries, and preparing a post-closing.
What is his deductible keogh contribution : His earnings from self-employment before the Keogh deduction but after deducting half of self-employment tax are 80,000 what is deductible Keogh contribution
Discuss the fifo method and lifo method : Assuming there are 310 units on hand, compute the cost of the ending inventory under the FIFO method and LIFO method
Prepare an assignment on a exporting and importing company : You need to prepare an assignment on a exporting and importing company and how does it do currency hedging and reduce the risk of currency fluctuation
Discuss low-volume products to customer demand : Scottsdale Ltd. manufactures a variety of high-volume and low-volume products to customer demand
Identify how independent care will help in continued client : Write a 700-word paper in which you describe the strategies for termination of case management.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Knowledge management and knowledge management programs

1. How could CRM and PRM systems solve this problem? 2. What is the role of knowledge management and knowledge management programs? a. Define knowledge management and explain its value to businesses

  Twyla enterprises uses a computer to handle its sales

twyla enterprises uses a computer to handle its sales invoices. lately business has been so good that it takes an extra

  Explain the various business segments the company

Explain the various business segments the company

  The actual residual value

On December 31, 2013, Rhone Metro Industries leased equipment to Western Soya Co. for a four year period ending December 31, 2017, at which time possession of the leased asset will revert back to Rhone Metro.

  Review companys most recent statement of cash flows

Research one publicly traded company in which you are interested using the Internet and/or Strayer databases. Review its most recent statement of cash flows and income statement on the company Website.

  Analyze the process of assigning and allocating costs

Analyze the process of assigning and allocating costs. Compare and contrast Just-In-Time and Quality Management Systems

  Calculate a cost per account by customer category

Calculate a cost per account per year by dividing the total cost of processing and maintaining checking accounts by the total number of accounts.

  Investing on project if funds are available

If fund were available, would you invest in one, both or neither project? Why?

  Paper- state sales tax on merchandise sold over the internet

Write a two to four page paper, typed and double spaced. Suggested topics include: state sales tax on merchandise sold over the internet; research a company

  Compute the predetermined overhead rate for each department

Agassi Manufacturing Company uses a job order cost system in each of its three manufacturing departments. Compute the predetermined overhead rate for each department

  What is the greatest shortcoming of this approach

Analysts often take a short cut in estimating a firm's cash from operations: they just add depreciation back to net income. What is the greatest shortcoming of this approach?

  Prepare the journal entries for the fagan co. transactions

Prepare the journal entries for the Fagan Co. transactions shown above

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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