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What is the difference between princple and income and indirect vs direct expenses on a 1041 trust return? why are expenses like accounting fees split
What is the difference between princple and income and indirect vs direct expenses on a 1041 trust return? why are expenses like accounting fees split between principle vs income? what does this mean? also what is direct vs indirect expenses for trust? can you please clarify?
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Modern Auditing
Authors: William C. Boynton, Walter G. Kell, Raymond N. Johnson, Dr William Boynton
7th Edition
047118909X, 978-0471189091
