Q.2 Guava, Inc. has financial accounting book income of $9,108,800. This...
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Q.2
Guava, Inc. has financial accounting book income of $9,108,800. This book income amount includes a $811,200 bad debt expense, determined by the allowance method. Actual write offs this year were $768,000. Based only on this information, compute Guava's taxable income. $9,108,800 $9,065,600 $8,457,600 $9,152,000
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