The agency that provided the temporary workers did not provide an invoice by the end of the

Question:

The agency that provided the temporary workers did not provide an invoice by the end of the year. Based on the number of hours worked, BlueJay calculated that the invoice would be $$45,000.$ Therefore, BlueJay accrued a $$45,000$ expense and a $$45,000$ liability for temporary services provided on its financial statements. What amount is deductible on the current tax return?

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