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    SusanMacpherson's Avatar
    SusanMacpherson Posts: 1, Reputation: 1
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    #1

    Jun 14, 2011, 02:32 PM
    Converting from Accrual to Tax basis for tax return
    My company carries a Mortgage payable, Building, and Accum Depreciation on its books. I have been tasked with getting 2010 ready to go to the CPA and am trying to figure out where the net of +/- $5800 goes. That is Building - Accum Dep - Mortgage Payable.
    dom.b.fortin's Avatar
    dom.b.fortin Posts: 27, Reputation: 1
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    #2

    Jul 7, 2011, 02:15 AM
    I guess that would be interest portion
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