Compensation expense for the value of the services carlos, Business Management

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Compensation expense for the value of the services carlos

Carmen and Carlos form White Corporation.Carmen transfers cash of $100000 for 100 shares in White.Carlos transfers property(basis of $20000 and fair marker value of $80000)and agrees to serve as manager of White Corporation for one year;in return,Carlos receives 100 shares in White. The value of Carlo's services is $20000. White Corporation can deduct $20000 as compensation expense for the value of the services Carlos will render.

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Business Management: Compensation expense for the value of the services carlos

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Business Management: Compensation expense for the value of the services carlos

Reference No:- TGS085073

Have a Question? (oR Write a Review)

Recent Questions Asked Business Management

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Request for Solution File

Ask an Expert for Answer!!

Business Management: Compensation expense for the value of the services carlos

Reference No:- TGS085073

Recent Questions Asked Business Management

Q : Explain how a niche player chips away at a larger competitor

Q : Security interest in the stereo systems

Q : Unamortized bond premium at the date of conversion problem

Q : Select and research two outsourcing engagements

Q : Compensation expense for the value of the services carlos

Q : Is implementation of jit differ from supply chain management

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