Question
which item must be separately stated on form 1120S? A. advertising revenue B. gross ticket sales C. cost of goods sold D. investment interest
which item must be separately stated on form 1120S?
A. advertising revenue
B. gross ticket sales
C. cost of goods sold
D. investment interest
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Step: 1
The correct answer is D Investment interest Form 1120S is an income tax return form used by S corpor...Get Instant Access to Expert-Tailored Solutions
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Step: 2
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Get StartedRecommended Textbook for
Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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