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Drab Corporation,a Calendar Year and Cash Basis Taxpayer,is Formed in December

Question 135

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Drab Corporation,a calendar year and cash basis taxpayer,is formed in December 2012.In the same month,expenses are incurred as follows:
Drab Corporation,a calendar year and cash basis taxpayer,is formed in December 2012.In the same month,expenses are incurred as follows: Drab Corporation,a calendar year and cash basis taxpayer,is formed in December 2012.In the same month,expenses are incurred as follows:

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