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Business, 20.12.2019 01:31 kim643

Bcs corporation is a calendar-year, accrual-method taxpayer. bcs was formed and started its business activities on january 1, year 0. it reported the following information for year 0. indicate bcs's deductible amount for year 0 in each of the following alternative scenarios. (leave no answers blank. enter zero if applicable.) b. bcs accrued an expense for $50,000 for amounts it anticipated it would be required to pay under the workers' compensation act. during year 0, bcs actually paid $10,000 for workers' compensation–related liabilities.

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Bcs corporation is a calendar-year, accrual-method taxpayer. bcs was formed and started its business...
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