Ask Question
27 March, 19:28

Brittany, an accrual basis taxpayer, operates a small distribution business. Her records show the following income items for the year: Sales - paid, $64,000. Sales - unpaid, $2,750. Distributor-of-the-year prize from her supplier of $1,975. What amount does Brittany report as her gross income on her Schedule C?

+1
Answers (1)
  1. 27 March, 22:14
    0
    Her gross income is $65,975.00
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Brittany, an accrual basis taxpayer, operates a small distribution business. Her records show the following income items for the year: ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers