What is swan''s ending oaa balance, Accounting Basics

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What is swan''s ending oaa balance

The beginning balance in Swan, Inc.'s OAA is $6,700, and the following transactions occur.

Depreciation recapture income $21,600
Payroll tax penalty (4,200)
Tax exempt interest income 4,012
Nontaxable life insurance proceeds 100,000
Life insurance premiums paid
(nondeductible) (3,007)

what is Swan's ending OAA balance ?

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Accounting Basics: What is swan''s ending oaa balance

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The beginning balance in Swan, Inc.'s OAA is $6,700, and the following transactions occur. Depreciation recapture income $21,600

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Accounting Basics: What is swan''s ending oaa balance

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Recent Questions Asked Accounting Basics

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Accounting Basics: What is swan''s ending oaa balance

Reference No:- TGS039598

Recent Questions Asked Accounting Basics

Q : Can amalgamated withdraw its offer to bargain stores

Q : Borrower repayment abilities

Q : What is null hypothesis and alternative hypothesis

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Q : What is swan''s ending oaa balance

Q : Present value of a share for company

Q : Explain actions by congress expand or contract the economy

Q : Determine the rate at which mitsubishi can rent capital

Q : Free cash flows and interest tax savings

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