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12 votes
Permanent book-tax differences include ______.

a. $10,000 capital gain from the sale of land held by a business
b. $10,000 of prepaid rental income received on the last day of the tax year
c. $100,000 of organization costs for a new business
d. $50,000 of interest expense associated with the generation of tax-exempt income

asked
User Tball
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1 Answer

5 votes
The answer would be "D"
answered
User Toobulkeh
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