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Business, 03.08.2021 22:20 bob5266

Michelle, who gives yoga lessons, is a calendar-year taxpayer using the cash-basis method of accounting. On December 1 of this year, she received $500 for a one-year contract beginning on that date to provide 10 lessons. She gave 1 lesson this year. How much should Michelle include in income this year

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Michelle, who gives yoga lessons, is a calendar-year taxpayer using the cash-basis method of account...

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