A trust has net accounting income of $15,000. In addition, the trust has a $10,000...
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Accounting
A trust has net accounting income of $15,000. In addition, the trust has a $10,000 capital gain, which is not included in net accounting income. The trust is required to distribute the trust income to the beneficiary. The beneficiary will receive:
$25,000.
$24,700.
$15,000.
$10,000.
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