Question
Lawyer transmits via the USPS a bill for $5,000 on December 24, 2022, for services rendered during this year. The client pays the bill on
Lawyer transmits via the USPS a bill for $5,000 on December 24, 2022, for services rendered during this year. The client pays the bill on January 5, 2023. In what year will Lawyer claim this as income? Cite specific tax law in your response.
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Financial Accounting
Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess
9th Edition
032418803X, 978-0324188035
