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A taxpayer uses the cash method to account for its taxable income. An amount of interest is credited to the taxpayer's bank account in December

A taxpayer uses the cash method to account for its taxable income. An amount of interest is credited to the taxpayer's bank account in December 2021, but the taxpayer does not withdraw it or enter it into the book until 2022. Does the taxpayer have to include the interest in the taxable income for 2021? Question 6Answer a. No b. Yes

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