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If Ralph discovered and kept $ 1 0 0 that he found after a Bronco's game, which of the following would require him to Recognize
If Ralph discovered and kept $ that he found after a Bronco's game, which of the following would
require him to "Recognize" Gross Income?
income was realized
income was paid in cash, property, or services
income cannot be excluded or deferred by law
All of these choices are correct
income caused an "economic benefit"
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