Question
During 2020, Mary had the following transactions: Salary $70,000 Bank loan (proceeds used to buy personal auto) 15,000 Gambling Winnings 10,000 Interest from Bank of
During 2020, Mary had the following transactions:
Salary $70,000
Bank loan (proceeds used to buy personal auto) 15,000
Gambling Winnings 10,000
Interest from Bank of America Savings Account 1,000
Gift from Uncle 20,000
Mary's AGI is:
$66,000 $70,000 81,000 $101,000
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Survey of Accounting
Authors: Thomas Edmonds, Christopher, Philip Olds, Frances McNair, Bor
4th edition
77862376, 978-0077862374
