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1.) XQP corporation expensed $50,000 of bad debts during the year. The activity in the allowance for doubtful accounts was: What is the BOOK-TO-TAX difference

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1.) XQP corporation expensed $50,000 of bad debts during the year. The activity in the allowance for doubtful accounts was: What is the BOOK-TO-TAX difference of XQP Corp for bad debts? A. $0 B. $15,000 Unfavorable C. $35,000 Unfavorable D. $50,000 Unfavorable E. $85,000 Untavorable

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