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5. Which of the following items is not included in an accrual basis taxpayers gross income for the current year? a. Receipt of a $10,000

5. Which of the following items is not included in an accrual basis taxpayers gross income for the current year?

a. Receipt of a $10,000 payment for goods to be delivered next year b. Receipt of $10,000 for services that will be provided next year c. Receipt of a $10,000 payment for goods delivered last year d. All of the above e. None of the above

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