Business
Business, 12.03.2020 23:57, leshia39

In january of year 0, justin paid $4,800 for an insurance policy that covers his business property for accidents and casualties. justin is a calendar-year taxpayer who uses the cash method of accounting. what amount of the insurance premium may justin deduct in year 0 in the following alternative scenarios? (leave no answers blank. enter zero if applicable.)
a. The policy begins on February 1 of year 1 and extends through January 31 of year 2.
b. The policy covers the business property from April 1 of year 0 through March 31 of year 1.

answer
Answers: 2
Show answers

Other questions on the subject: Business

image
Business, 22.06.2019 10:30, SuBzErO24
Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner
Answers: 1
continue
image
Business, 23.06.2019 12:00, Carrchris021
How might non-industrialized countries be impacted by the foreign exchange market?
Answers: 3
continue
image
Business, 23.06.2019 23:00, gabrielolivas59
Aconsumer uses goods and services to
Answers: 2
continue
image
Business, 24.06.2019 07:00, sti192
Which of the following home purchasing considerations will probably affect older homebuyers the least ?
Answers: 1
continue
Do you know the correct answer?
In january of year 0, justin paid $4,800 for an insurance policy that covers his business property f...

Questions in other subjects:

Konu
Mathematics, 15.10.2019 05:20
If the atmospheric pressure at mangamaunu beach is 1000 millibars and we assume the general guideline that atmospheric pressure decreases by approximately 50% for every 5-kilometer...
Konu
Social Studies, 15.10.2019 05:20
What best explains why birth rates decrease under demographic transition theory? a. sanitation. b. assurance your children won’t die as often due to doctors without borders. c. re...
Konu
Business, 15.10.2019 05:20
In myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 38 units per day. in china, eleven laborers, each making the equivalent of $ 1.75 per day, can p...
Konu
Social Studies, 15.10.2019 05:20
Arectangular page is designed to contain 81 square inches of print. the margins at the top and bottom of the page are each 1 inch deep. the margins on each side are 1½ inches wide....
Konu
Chemistry, 15.10.2019 05:20
A1.0 liter container holds n2o4 andno2(g) in equilibrium at 25°c n2o4(g) ⇄ 2 no2(g) kp = 80 the volume of the container is reduced to 0.50 l with the temperature maintained at 25°c...
Konu
Mathematics, 15.10.2019 05:20
Sarah has $8 and wants to buy a combination of cupcakes and fudge to feed at least four siblings. each cupcake costs $2, and each piece of fudge costs $1. this system o...
Konu
Physics, 15.10.2019 05:20
Cassie lives two miles away from school. which mode of transport could benefit her health?   a. taking a bus to school b. riding a bicycle to...
Konu
Biology, 15.10.2019 05:20
Use evidence from the diagrams of macromolecules and information provided earlier to revise your explanation about whether sugar molecules provide all the elements needed to make t...
Konu
Mathematics, 15.10.2019 05:20
Solve for b by elimination 2a+3b=12 5a-b=13...
Konu
Business, 15.10.2019 05:20
About 15 percent of employees killed in workplace accidents tested positive for drugs or alcohol. why might sale associates and pr specialists be especially mindful of this? a. wo...
Other tasks in the category: Business More task
See results (0)