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safezone safezone
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7 years ago
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
Textbook 
Prentice Hall's Federal Taxation 2014 Corporations, Partnerships, Estates & Trusts

Prentice Hall's Federal Taxation 2014 Corporations, Partnerships, Estates & Trusts


Edition: 27th
Authors:
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That's not philosophy, it's geometry
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RimounRimoun
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7 years ago
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safezone Author
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7 years ago
Helped a lot
acaruso
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Yesterday
Good timing, thanks!
MLynneMcMillan
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2 hours ago
Thanks
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