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Matt hired Apex Services to repair his business equipment. On November 1 of year O,...

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Accounting

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Matt hired Apex Services to repair his business equipment. On November 1 of year O, Matt paid $2,000 for the repairs that he expects to begin in early March of year 1. (Leave no answers blank. Enter zero if applicable.) Problem 9-67 Part-a a. what amount of the cost of the repairs can Matt deduct in year 0 if he uses the cash method of accounting for his business? Deductible amount

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