Question: On December 24 2015 the directors of Partridge Corporation an

On December 24, 2015, the directors of Partridge Corporation, an accrual basis calendar year taxpayer, authorized a cash contribution of $10,000 to the American Cancer Association. The payment is made on April 14, 2016. Can Partridge deduct the charitable contribution in 2015? Explain.

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  • CreatedSeptember 09, 2015
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