Randall purchased a $40,000 piece of office furniture during 2019. The balance in his UCC...
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Accounting
Randall purchased a $40,000 piece of office furniture during 2019. The balance in his UCC pool for furniture at the end of 2018 year was $80,000 and is amortized at the declining balance rate of 20%. Calculate Randalls 2019 maximum CCA Reports numbers in this format: 100,000 (but don't worry if system marks it wrong) Calculate Randalls 2019 Ending UCC Calculate Randall's 2020 Ending UCC assuming he makes no additions during 2020
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