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



Title: Gofer Corporation, an S corporation, is owned equally by Mahmoud and Kwame. The corporation had ...
Post by: Mandarini on Feb 15, 2017
Gofer Corporation, an S corporation, is owned equally by Mahmoud and Kwame. The corporation had long-term capital gains of $100,000 and ordinary income of $90,000 for the current year and made no distributions. What is the amount of ordinary income from S corporation activities that Mahmoud must report?


Title: Re: Gofer Corporation, an S corporation, is owned equally by Mahmoud and Kwame. The corporation had ...
Post by: genflynn on Feb 15, 2017
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Title: Re: Gofer Corporation, an S corporation, is owned equally by Mahmoud and Kwame. The corporation had ...
Post by: Mandarini on Jul 15, 2017
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