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From the Records of Tom,a Cash Basis Sole Proprietor,the Following

Question 111

Multiple Choice

From the records of Tom,a cash basis sole proprietor,the following information was available: What amount should Tom report as net earnings from self-employment?
From the records of Tom,a cash basis sole proprietor,the following information was available: What amount should Tom report as net earnings from self-employment? A) $10,900 B) $11,300 C) $11,400 D) $14,400 E) None of the above


A) $10,900
B) $11,300
C) $11,400
D) $14,400
E) None of the above

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