Scenario 2 - Form 1120 Reporting

On which lines (and Form or Schedule, if applicable) should the following items be reported when completing the Form 1120 for the current tax year?

Item	Where to Report (may be more than one place)
Accounts receivable
Charitable contributions
Depreciation
Inventories
Compensation of officers
Retained earnings - appropriated
Retained earnings - unappropriated

Answer the following question for the scenario in Learning Activity 2. Where would charitable contributions be reported on Form 1120?

a) Charitable contributions are not deductible.

b) Line 1b

c) Schedule K-1

d) Line 19