BL sheet	12/31/19		12/31/18
Accr Vacation	13,800		10,700
Vacation Paid by March/15 of following year	5,800		3,700
Allowance for Uncollectible Accts	4,100		6,100
Prepaid Insurance	10,400		12,700
Accr Litigation Costs	34,000		0
Accr Bonuses (Chief Executive)	38,000		39,000

what amount is deductible for tax purposes C Corp?

1. 12-month rule pays 1 annual insurance policy on 12/31 each year.

2. Bonuses paid the following year before the 2 1/2 month.

3. Paid march 15 following year (earned but unused vacation).

4. Bad debt by allowance method (% sales) $7,400 was accrued in company books.

5. Estimate loss in a case was 34,000