Compute the Capital Cost Allowance of Class 1 0 - Vehicles if C enterprises sold ALL

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Compute the Capital Cost Allowance of Class $10 -$ Vehicles if C enterprises sold ALL the assets under this class for $ $13, 000 .$ Original Cost of the asset is $ $33, 000 .$ There'll be no remaining asset under this class by the end of the year.

Formula for CCA Computation

UCC Beginning $+$ Net Additions $($ Purchases less Disposition $) +$ AccII adjustment x CCA Rate

Enter $" 0 "$ if the result is recapture or terminal loss.

Note: Answers should be in whole number. No $ $,$ comma or decimals e $.$ g $. 17000$

Related Book For answer-question

Intermediate Accounting

ISBN: 978-0470161012

9th Canadian Edition, Volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.

See More Books

Posted Date: Mar 05, 2024 11:28 PM

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Compute the Capital Cost Allowance of Class 1 0 - Vehicles if C enterprises sold ALL

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Intermediate Accounting

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