Business, 15.11.2019 04:31 browneyedbaby20

Aztec company reports current e& p of $200,000 in 20x3 and accumulated e& p at the beginning of the year of negative $100,000. aztec distributed $300,000 to its sole shareholder on january 1, 20x3. how much of the distribution is treated as a dividend in 20x3?

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Aztec company reports current e& p of $200,000 in 20x3 and accumulated e& p at the beginning...