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Home Q & A Board Other Fields Homework Help Business Accounting
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awc21 awc21
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Posts: 71
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5 years ago
JMR Corporation has income before tax of $500,000. Included in this amount are meals and
entertainment amounting to $10,000, warranty costs of $80,000 ($20,000 in warranty claims),
depreciation $78,000 and dividends from a taxable Canadian Corporation of $20,000. CCA for
the year amounted to $90,000. Calculate taxable income.
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
Authors:
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patod1patod1
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#1
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5 years ago
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awc21 Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
oscar520000
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Yesterday
You make an excellent tutor!
Gorgio_De
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2 hours ago
Brilliant ツ
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