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Beginning in 2008,the AAA of Amit,Inc

Question 62

Multiple Choice

Beginning in 2008,the AAA of Amit,Inc.,an S corporation,has a balance of $782,000.During the year,the following items occur.
Beginning in 2008,the AAA of Amit,Inc.,an S corporation,has a balance of $782,000.During the year,the following items occur. Amit's ending AAA balance is: A) $1,171,100. B) $1,185,150. C) $1,191,150. D) $1,242,150. E) Some other amount.
Amit's ending AAA balance is:


A) $1,171,100.
B) $1,185,150.
C) $1,191,150.
D) $1,242,150.
E) Some other amount.

Correct Answer:

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