Chapter 11 Assignment.xlsx - 21 (a) Cost Captial exp Total...

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21 (a)33Cost100000Emma'sCaptial exp30000FMV of equipmentTotal130000Adujusted basisRealised350000Cash(-) Cost130000GainGain/ Loss220000Lily(b)FMVOriginal cost100000Adjusted basisPurchase200000cash paidCap exp30000GainTotal330000Realised70000050(-) Total basis330000GetGain/ Loss
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Term
Fall
Professor
fabioambrosio
Tags
basis, Original cost

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