Which of the following causes a permanent difference between taxable income and pretax accounting income?...
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Accounting
Which of the following causes a permanent difference between taxable income and pretax accounting income? A The installment method used for sales of property. B MACRS depreciation method used for equipment. C Interest income on municipal bonds. D Percentageofcompletion method for longterm construction contracts.
Which of the following causes a permanent difference between taxable income and pretax accounting income?
A The installment method used for sales of property.
B MACRS depreciation method used for equipment.
C Interest income on municipal bonds.
D Percentageofcompletion method for longterm construction contracts.
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