acct 224 group case studyUCC balance = $900000oNet Additions = 250000 - 120000 = 130000oAdd AccII adjustment
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acct 224 group case studyUCC balance = $900000oNet Additions = 250000 - 120000 = 130000oAdd AccII adjustment = 50%*130000 = 65000CCA base = 900000+130000+65000 = 10950001095000*0.3 = (328500)AccII adjustment reversal = (65000)Ending UCC balance = 701500
Related Book For
Understanding Financial Accounting
ISBN: 978-1118849385
1st Canadian Edition
Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald
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