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complete the schedule C using the accual method Us Tax 000 2.257-8,035 (26) ocorual-method intor. Copyright MEGTWIERI. Permission required for reproduction or display Description Cash

complete the schedule C using the accual method
Us Tax image text in transcribed
000 2.257-8,035 (26) ocorual-method intor. Copyright MEGTWIERI. Permission required for reproduction or display Description Cash Accrual Example $78,000 0 7.200 $ 78,000 11,000 300 9-27 9-15 9-16 9-18 14.000 $99,200 $12,800 14.000 $103,300 $ 12.800 9-18 5.335 306 1.200 5.335 306 1.200 9.7 9.9 9-14 7.200 200 4.80 9-21 9.22 200 Income Service revenue: Landscaping revenue December landscape service Prepaid landscape services Sales of inventory: Tree sales Gross Profit Nonincidental materials and supplies Car and truck expense: SUV operating expense BMW operating expense Insurance Rent: Shop Trailer Travel and business meals: Travel to NY seminar Business dinner with clients Wages and subcontracte los Part-time employees Full-time employee (Kn) Fountain removal (part-time employee) Fence installation (prepaid subcontractor) Other expenses Books for waiting room Education seminar Uniforms Bad debts Other expenses (not in examples): Advertising Depreciation Interest Legal and professional services Office espere Repairs and maintenance Taxes and licenses 1.435 270 1.435 270 9. 9-6 23,000 30,000 23,000 30,000 850 0 9-2 9-17 9-23 9-20 850 1.000 0.1 50 300 500 0 50 300 500 280 9.5 9.25 1.160 4.000 00 4.000 300 1.500 1.500 2.0 5 9.1.01 Total deductions Net Business Income $97.021 5 2.179 ME

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