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Author Question: Norah, who gives music lessons, is a calendar year taxpayer using thecashbasis method of accounting. ... (Read 71 times)

stock

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on: Sep 13, 2020

Question 1

Ms. Marple's books and records for 2016 reflect the following information:



What is the amount Ms. Marple should include in her gross income in 2016?
◦ $66,000
◦ $67,000
◦ $68,000
◦ $65,000

Question 2

Norah, who gives music lessons, is a calendar year taxpayer using the cash basis method of accounting. On October 1 of this year, she received $1,200 for a one-year contract beginning on that date to provide 10 lessons. She gave 6 lessons this year. How much should Norah include in income this year?
◦ $480
◦ $360
◦ $720
◦ $1,200
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by stock on Sep 13, 2020

perkiness

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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stock

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Reply 2 on: Sep 13, 2020
Great answer, keep it coming :)

Hdosisshsbshs

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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