Harvey Pennypacker received a check for $6,500 on December 31, 2018. Rather than depositing the...
70.2K
Verified Solution
Question
Accounting
Harvey Pennypacker received a check for $6,500 on December 31, 2018. Rather than depositing the check on the check on the same ay received, Harvey put the check in his desk and deposited it in the bank on January 10, 2019 when we returned from a holiday trip to Iceland. In what year should Harvey include the $6,500 as taxable income?
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.