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Other Fields Homework Help Accounting Topic started by: safezone on Feb 15, 2017



Title: Dixon Corporation was incorporated on January 1, 2005. The corporation made its S election on April ...
Post by: safezone on Feb 15, 2017
Dixon Corporation was incorporated on January 1, 2005. The corporation made its S election on April 1, 2008. The corporation retains an E&P balance from its C corporation days. Which one of the following current-year income and expense items is not included in Dixon Corporation's Accumulated Adjustments Account?
A) ordinary income or loss
B) tax-exempt bond interest income
C) long-term capital gains and losses
D) amortization of organizational expenditures


Title: Re: Dixon Corporation was incorporated on January 1, 2005. The corporation made its S election on ...
Post by: Rimoun on Feb 15, 2017
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