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Home Q & A Board Other Fields Homework Help Business Accounting
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Marcie D Marcie D
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5 years ago
JMR Corporation has income before tax of $800,000. Included in this amount are meals and
entertainment amounting to $9,000, warranty costs of $100,000 ($65,000 in warranty claims),
depreciation $94,000 and dividends from a taxable Canadian Corporation of $15,000. CCA for
the year amounted to $90,000. Calculate taxable income.
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
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xonotesxonotes
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5 years ago
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