Problemon november 7 2017 wilson corporation a, Ask an Expert

Accounting

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On November 7, 2017, Wilson Corporation, a calendar-year taxpayer, acquires 7-year property for $600,000. This is the only property acquired this year and Section 179 expensing is elected. What is Wilson s total depreciation deduction for 2017?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92770158

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