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31 Required information The following information applies to the questions displayed below. Rebecca is a calendar-year taxpayer who operates a business. She made the following
31 Required information The following information applies to the questions displayed below. Rebecca is a calendar-year taxpayer who operates a business. She made the following business-related expenditures in art 4 cf 4 December of year 0 Indicate the amount of these payments that she may deduct in year O under both the cash method of accounting and the accrual method of accounting (Leave no answers blank. Enter zero if applicable.) d. $1,460 for interest on a short-term bank loan relating to the period from December 1, year O, through March 31, year 1 O Answer is complete but not entirely correct. 400 Accnaal method C Prew 31o35 Next> 4 0
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