Compute Radish Company's taxable income given the following information: Excess of accrual-basis sales over...
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Accounting
Compute Radish Company's taxable income given the following information:
Excess of accrual-basis sales over cash-basis sales for taxes $6,000
Tax-exempt interest revenue on municipal bonds 3,000
Pretax financial income 55,000
Excess of rent collected in advance over rent revenue 8,000
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