Alabama Corp.'s taxable income differed from its accounting income for 2020. An item that would create a permanent difference in accounting and taxable incomes for the corporation would be
A) a balance in the Unearned Rent account at year end.
B) using CCA for tax purposes and straight-line depreciation for book purposes.
C) a payment of the golf club dues for the president's membership.
D) making instalment sales during the year.
Correct Answer:
Verified
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