Which of the following causes a permanent difference between taxable income and pretax accounting income? The

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Which of the following causes a permanent difference between taxable income and pretax accounting income?
• The installment method used for sales of property
• MACRS depreciation method used for equipment
• Interest income on municipal bonds
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Intermediate Accounting

ISBN: 978-0324300987

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

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