Errors, Errata and Corrections

Dear Students,

Welcome to the "Errata and Corrections" section for our textbook, "Profitable Business Returns." This page is dedicated to listing any identified errors or discrepancies found in the printed version of the book. Please note that the online version has been updated to include the necessary corrections.

We understand the importance of accuracy in our educational materials and strive to maintain the highest quality possible. As you come across any errors in the printed textbook, this page will provide the corresponding corrections to ensure you have the most reliable information.

Thank you for your understanding and your commitment to continuous learning.

Best regards,
Ken Bostrom
Director of Education and Operations
Universal Accounting Center

Table of Contents

Updated

Updated to remove Chapter 9.

Page 3.58

Incorrect year

Then, prepare Form 4562 for 2024.

Page 5.79

Lines 15, 17, 28, 29, & 31 on Schedule C

Corrected $240 from Line 14 to Line 15.

Corrected $500 from Line 16b to Line 17.

Corrected Line 28 to $49,905.

Corrected Line 29 to $12,405.

Corrected Line 31 to $12,405.

Page 7.91

Form 4562 Line B, Column C

Corrected to $8,600.