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CPAnet Forum : REG STUDY GROUP

Topic: Section 1231 - URGENT (

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soontobecpa
Major Contributor

Joined: 03 May 2006
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Posts: 732

Posted: 28 Dec 2008 at 15:07 \| IP Logged

1231/1245/1250 is clear here:

http://www.cpanet.com/cpa_forum/forum_posts.asp?
TID=19550&KW=1231

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Done.Thank God.

Kookie
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Joined: 26 Dec 2008
Location: United States
Online Status: Offline
Posts: 93

Posted: 06 Jan 2009 at 19:19 \| IP Logged

Can someone please tell me how the depreciation = 50? Still kinda confused here....

Also....
Wondering why the gain isn't: 200 - 150 = 50 (versus 100)?

Edited by Kookie on 06 Jan 2009 at 19:22

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