Workbook13 - 85000 92000 69000 92000 95000-12000...

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land buildings 600000 31200 60000 2200000 2400 2600 170000 3480 5400 10440 6400  2,414,240 
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FMV  11600 200 11800
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36000
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6000
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Date Description amount ratio WAAE 6/1/2007 exp  3,600,000    7/12  2,100,000  8/31/2007 exp  5,400,000    1/ 3  1,800,000  12/31/2007 exp  4,500,000  0        -    TWAAE  3,900,000  Spec debt  3,200,000   288,000.00   353,400.00   700,000   65,400.00  Date date mature face value stated rate annual int. pro rate actual int 5/31/2007 5/31/2017  3,200,000  9% 288000         7/12  168,000  7/1/2003 7/1/2013  300,000  13% 39000       1        39,000   207,000  WAIROD 9.34%
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33% 285000 22% 190000 44% 177777.78
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168000
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used truck  80000 acc dep 50000 new truck 70000 FMV old 100000 received cash what's cost basis?
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Packard Franklin Jensen Happy 160000 120000 147000 160000 80000 45000 71000 75000 80000 75000 76000
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Unformatted text preview: 85000 92000 69000 92000 95000-12000 6000-16000-10000 23000-3000 cash Date Description amount ratio WAAE 3/1/2005 Land 660,000 1/ 3 220,000 3/1/2005 exp 680,000 1/ 3 226,667 4/1/2005 exp 352,000 1/ 4 88,000 5/1/2005 exp 450,000 1/ 6 75,000 6/1/2005 exp 520,000 1/12 43,333 TWAAE 653,000 Spec debt 400000 28000 59,203.33 253,000 31,203.33 Date date mature face value stated rate annual int. pro rate actual int 1/1/2005 1/1/2011 150000 11% 16500 1 16,500 7/1/2003 7/1/2013 300000 13% 39000 1 39,000 3/1/2005 3/1/2008 400000 7% 28000 5/ 6 23,333 WAIROD 12.33% 78,833...
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This note was uploaded on 05/26/2011 for the course ACCOUNTING 101 taught by Professor Smith during the Spring '11 term at San Diego State.

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Workbook13 - 85000 92000 69000 92000 95000-12000...

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