Choose the correct answer Question 37 (1 point) ) Listen 13 Which expense is NOT deductible in computing business income Office rent Employee wages Golf club dues Advertising in Canada 12 Question 38 (2 points) Listen For most businesses revenue is recognized for tax when 18 Cash is received The right to receive is absolute and unconditional 21 The invoice is drafted The bank deposit clears 24 Question 39 (2 points) Listen 27 A reasonable reserve for doubtful debts is usually based on Future expected sales 30 Management guess 33 Past collection history and specific doubtful accounts Flat percent of sales 36 Question 40 (2 points) ) Listen A company prepays 12000 in December for ads that run next January How much is P

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Choose the correct answer Question 37 (1 point)  ) Listen 13 Which expense is NOT deductible in computing business income Office rent Employee wages Golf club dues Advertising in Canada 12 Question 38 (2 points) Listen For most businesses revenue is recognized for tax when 18 Cash is received The right to receive is absolute and unconditional 21 The invoice is drafted The bank deposit clears 24 Question 39 (2 points) Listen 27 A reasonable reserve for doubtful debts is usually based on Future expected sales 30 Management guess 33 Past collection history and specific doubtful accounts Flat percent of sales 36 Question 40 (2 points) ) Listen A company prepays 12000 in December for ads that run next January  How much is P

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Question: Choose the correct answer Question 37 (1 point) =) Listen 13 Which expense is NOT deductible in computing business income Office rent Employee wages Golf

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