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can someone help me with MCQ Extra Credit: True/False (1 point each) Select the appropriate response. 1. The income of a sole proprietorship is reported

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Extra Credit: True/False (1 point each) Select the appropriate response. 1. The income of a sole proprietorship is reported on Schedule E 2. In determining whether a debt is a business or nonbusiness bad debt, the debror 's use of the borrowed funds is determinative. 4. Both traditional and Roth IRAs possess the advantage of tax-free accumulation of income within a retirement account. 5. Andrea paid $40 for Girl Scout cookies and $40 for Boy Scout popcorn. Andrea may claim an $80 charitable contribution deduction. True/ False

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