Essay On 2015Situation

Essay About Tom Davis And C Corporation
Pages • 2

Tom Davis Development Company MEMORANDUMTO: Tom Davis FROM: Howe AccountingRE: Tom Davis Development CompanyDATE: April 27, 2015Situation: Tom, Tony and Suzy want to form up a business to rent complex. Tom will contribute the land worth 750,000 with 75,000 basis to exchange for 42.5% interest. Tony will build the complex at a cost estimated 750,000.

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