Ask Question
19 August, 20:50

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. 19 August, 21:29
    0
    Her gross income is $65,975.00
Know the Answer?
Not Sure About the Answer?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers