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  1. ...directly deductible. what happens is that the capital gain or loss on the closing of the whole business goes to schedule D -- IF you were subject...

    2 Answers · Business & Finance · 22/03/2008

  2. The only items that you can claim from the closing papers are property taxes,mortgage interest and points or...

    3 Answers · Business & Finance · 05/02/2009

  3. ... revenue 25,620 Credit Income Summary 25,620 to close off revenue account Debit Income summary 15,830 Credit ...

    2 Answers · Business & Finance · 05/05/2013

  4. Allen L is incorrect. Some of the closing costs can be deducted if you itemize (Schedule A...

    4 Answers · Business & Finance · 07/12/2006

  5. If you have closed on the loan, you are done. If they are asking for...

    3 Answers · Business & Finance · 23/11/2006

  6. ... Expense 500 Cr Wages Payable 500 Closing entries are only for Income Statement Accounts...

    1 Answers · Business & Finance · 01/02/2011

  7. When there is a negative balance, it will be closed only after the due amount is paid. But why do you bother. ...

    6 Answers · Business & Finance · 21/03/2008

  8. ...; November and February. On her closing statement she was credited $813 for the sellers portion of the...

    4 Answers · Business & Finance · 13/01/2007

  9. ...there really is ever any rationale to tax law) is that items such as closing cost are only determined once the real estate is sold...

    2 Answers · Business & Finance · 24/04/2008

  10. How long has your account been closed ? Every bank is a little different. Where I worked...

    8 Answers · Business & Finance · 05/05/2008

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