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Which one of the following is considered income under the cash method of accounting? Amounts that are properly accrued by the taxpayer. The amount of

Which one of the following is considered income under the cash method of accounting?

Amounts that are properly accrued by the taxpayer. The amount of debt canceled by a creditor not as a gift. Self-employment income billed this tax year, but not received until next tax year. Amounts of wages earned but not paid.

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