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Author Question: Under the accrual method, recurring liabilities may be deducted currently and paid in the next ... (Read 37 times)

folubunmi

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on: Sep 13, 2020
Under the accrual method, recurring liabilities may be deducted currently and paid in the next period if all of the following are present except for
◦ the all-events test is met.
◦ the expense is recurring.
◦ the expense is material.
◦ economic performance occurs within the shorter of 8 1/2 months after the close of the year or a reasonable period after the close of the year.
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by folubunmi on Sep 13, 2020

softEldritch

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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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folubunmi

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review

isabelt_18

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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