Question
Leticia had the following income and losses during the current year: Salary $100,000 Prize from quiz show 20,000 Unemployment compensation 6,000 Embezzled funds 30,000 Partnership
Leticia had the following income and losses during the current year:
| Salary | $100,000 |
| Prize from quiz show | 20,000 |
| Unemployment compensation | 6,000 |
| Embezzled funds | 30,000 |
| Partnership Income | 40,000 |
What is Liticia's adjusted gross income?
A) $146,000
B) $176,000
C) $196,000
D) $206,000
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E Commerce Operational Aspects Accounting Auditing And Taxation Issues
Authors: Lata Sharma
1st Edition
8177084097, 978-8177084092
