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April 20, 2014

Homework Help: accounting and taxes

Posted by Jay on Monday, December 3, 2012 at 3:01pm.

I recently closed my retail business which was very small... I chose not to sell my equipment as I can still use it at home as a hobby for myself. What do I put as furniture and equipment sold on my BOE form? Do I have to buy the equipment from the business and if so how do I determine the selling price?

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