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Is this the correct answer under current tax? If its payable wouldn't it mean payment has not been completed, and therefore it's 0. Required information
Is this the correct answer under current tax? If its payable wouldn't it mean payment has not been completed, and therefore it's 0.
Required information The following information applies to the questions displayed belowj Rebecca is a calendar-year taxpayer who operates a business. She made the following business-related expenditures in December of year Indicate the amount of these payments that she may deduct in year O under both the cash method of accounting and the accrual method of accounting. (Leave no answers blank. Enter zero if applicable.) c.$3,000 for property taxes payable on her factory Deductible Amount Cash method 3,000 3,000 Accrual methodStep by Step Solution
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