Dashes can be used to indicate where each _____________ begins
a. item in a list
b. new sentence
c. new paragraph
d. index entry
a
Business
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Fred, Inc. owns a delivery truck. Which of the following costs, associated with the truck, will be capitalized and depreciated?
A) modification for new use B) change of oil filters C) replacement of tires D) normal engine repair
Business
On December 1, 2017, Krest, a self-employed cash-basis taxpayer, borrowed $200,000 to use in her business. The loan was to be repaid on November 30, 2018. Krest paid the entire interest amount of $24,000 on December 1, 2017. What amount of interest was deductible on Krest's 2017 income tax return?
a. $0 b. $2,000 c. $22,000 d. $24,000
Business