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statuscvo [17]
3 years ago
13

A corporation that transfers restricted stock to an employee as compensation may deduct the stock’s fair market value in the yea

r of transfer even if the employee doesn’t recognize the value as gross income in the year of transfer.
A. True
B. False
Business
2 answers:
svp [43]3 years ago
8 0
True is the answer jfjf job
valentina_108 [34]3 years ago
4 0
True is the correct answer. Hhdvs
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3 years ago
Assume that the City of Juneau maintains its books and records to facilitate the preparation of its fund financial statements. T
ra1l [238]

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Debit Expenses $90,000; credit Accrued wages and salary $90,000

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