On December 23, 2016, the directors of Partridge Corporation, an accrual basis calendar year taxpayer, authorized a

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On December 23, 2016, 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, 2017. Can Partridge deduct the charitable contribution in 2016? Explain.
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South Western Federal Taxation 2017 Essentials Of Taxation Individuals And Business Entities

ISBN: 9780357109144

20th Edition

Authors: William A. Raabe, David M. Maloney, James C. Young, Annette Nellen

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