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Mathematics, 26.09.2019 20:00 interndon

Acalendar-year corporation has negative current e& p of $500 and accumulated positive e& p of $1,000. the corporation makes a $600 distribution to its sole shareholder. which of the following statements is true?

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Acalendar-year corporation has negative current e& p of $500 and accumulated positive e& p o...
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