Leah Sarah is employed at Cleveland Inc. at an annual salary of $45,000.Leah received $35,000in salary in2023from
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Leah Sarah is employed at Cleveland Inc. at an annual salary of $45,000. Leah received $35,000 in salary in 2023 from Cleveland Inc., a prosperous company.
They credited the unpaid salary to Leah Sarah’s account. Leah only had to stop by the payroll office to receive her money.
In January 2024, Leah Sarah requested and received the remaining $10,000 of her salary. How much income must Leah Sarah report on her 2023 income tax return? Calculate.
Related Book For
Financial Management for Decision Makers
ISBN: 978-0138011604
2nd Canadian edition
Authors: Peter Atrill, Paul Hurley
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