question archive kinnetics inc
Subject:AccountingPrice:2.87 Bought7
kinnetics inc. purchased class 8 equipment (20% cca rate) for 10000 on july 23, 2014.opening ucc for class 8 in 2014 was 13000 kinnetics is subject to 40 % taxation.
tax benefit from write-offs in 2014 is:
Purchased 7 times