REG Study Group Q4 2014 - Page 192

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  • November 19, 2014 at 2:06 am #632047
    Kemy
    Participant

    @CPA50 – You'll do well, you got this!!! Come back to us with great news 🙂

    FAR - 02/24/14 - 86
    AUD - 04/03/14 - 88
    REG - 05/29/14 - 68 Retook 11/22/14 - 81 I PASSED!!!!!!!!! IM DONE! Thank You Jesus!
    BEC - 07/19/14 - 85

    November 19, 2014 at 2:14 am #632048
    Anonymous
    Inactive

    Good luck CPA50!

    November 19, 2014 at 2:14 am #632049
    WANNABE_CPA
    Member

    @cpamommy….A?

    FAR : 68, 74, 83 Thank you God 🙂
    BEC : 78 (8/27) 🙂
    REG : 72 ,80 (2/25) 🙂
    AUD : 69,67, 07/23

    November 19, 2014 at 2:14 am #632050
    WANNABE_CPA
    Member

    @cpa50…Good luck…you will do great!!!

    FAR : 68, 74, 83 Thank you God 🙂
    BEC : 78 (8/27) 🙂
    REG : 72 ,80 (2/25) 🙂
    AUD : 69,67, 07/23

    November 19, 2014 at 2:18 am #632051
    Anonymous
    Inactive

    @CPAMommy – A – definitely not partnerships, and corp. would give out dividends, not flow through income.

    November 19, 2014 at 2:21 am #632052
    Anonymous
    Inactive

    Correct! A–The owner's adjusted basis in the stock of an S corporation is increased by the owner's share of profits and decreased by the owner's share of losses, and is not affected by the entity's bank loan increases and decreases.

    The owner's adjusted basis in a partnership is increased by the owner's share of profits and decreased by the owner's share of losses, and is also increased for the partner's share of partnership debt.

    The owner's adjusted basis in a C corporation's stock is not adjusted for income or loss of the C corporation.

    The members of a limited liability company do not bear personal liability for its debts.

    November 19, 2014 at 2:23 am #632053
    Anonymous
    Inactive

    Is anyone else having problems in Ninja? It is timing out and kicking me out of my quizzing. This is not the time, Jeff, not the time…

    November 19, 2014 at 2:32 am #632054
    Anonymous
    Inactive

    Arrrrggggg!

    November 19, 2014 at 2:39 am #632056
    Anonymous
    Inactive

    @CPAMommy – want me to toss out some questions?

    November 19, 2014 at 3:00 am #632063
    Kemy
    Participant

    @Bucky – CPAMommyof3 / MamaBear is having issues logging into the forum – just FYI – she's not ignoring you 🙂

    FAR - 02/24/14 - 86
    AUD - 04/03/14 - 88
    REG - 05/29/14 - 68 Retook 11/22/14 - 81 I PASSED!!!!!!!!! IM DONE! Thank You Jesus!
    BEC - 07/19/14 - 85

    November 19, 2014 at 3:12 am #632064
    Anonymous
    Inactive

    @Kemy – when is your test?

    November 19, 2014 at 3:18 am #632065
    Kemy
    Participant

    It's on Saturday – when's yours?

    FAR - 02/24/14 - 86
    AUD - 04/03/14 - 88
    REG - 05/29/14 - 68 Retook 11/22/14 - 81 I PASSED!!!!!!!!! IM DONE! Thank You Jesus!
    BEC - 07/19/14 - 85

    November 19, 2014 at 3:27 am #632066
    Anonymous
    Inactive

    next Saturday (11/29)

    November 19, 2014 at 3:30 am #632067
    Kemy
    Participant

    so you have time 🙂

    FAR - 02/24/14 - 86
    AUD - 04/03/14 - 88
    REG - 05/29/14 - 68 Retook 11/22/14 - 81 I PASSED!!!!!!!!! IM DONE! Thank You Jesus!
    BEC - 07/19/14 - 85

    November 19, 2014 at 4:02 am #632068
    MommyBear
    Member

    Can you see me now?

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