Business, 28.06.2019 15:00 CaraRose1887
Jack is single and he made his first taxable gift of $1,000,000 in 2008. jack made additional gifts in 2009, at which time he gave $1,750,000 to each of his three children and an additional $1,000,000 to state university (a charity). the annual exclusion in 2009 was $13,000. recently jack has been in poor health and would like you to estimate his estate tax should he die this year. jack estimates his taxable estate (after deductions) will be worth $5.4 million at his death. (refer to exhibit 25-1 and exhibit 25-2.)
Answers: 2
Business, 22.06.2019 09:30
Which are the best examples of costs that should be considered when creating a project budget?
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Business, 22.06.2019 16:30
On april 1, the cash account balance was $46,220. during april, cash receipts totaled $248,600 and the april 30 balance was $56,770. determine the cash payments made during april.
Answers: 1
Business, 22.06.2019 21:40
The following items could appear on a bank reconciliation: a. outstanding checks, $670. b. deposits in transit, $1,500. c. nsf check from customer, no. 548, for $175. d. bank collection of note receivable of $800, and interest of $80. e. interest earned on bank balance, $20. f. service charge, $10. g. the business credited cash for $200. the correct amount was $2,000. h. the bank incorrectly decreased the business's by $350 for a check written by another business. classify each item as (1) an addition to the book balance, (2) a subtraction from the book balance, (3) an addition to the bank balance, or (4) a subtraction from the bank balance.
Answers: 1
Jack is single and he made his first taxable gift of $1,000,000 in 2008. jack made additional gifts...
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