More IRAs, Pensions & Misc. $400 What are the cash and accrual accounting treatment of the following scenarios for a 12/31 year-end entity taxpayer: 1. Amanda Co. borrowed $50,000 at 10% for 6 months on September 2023. 2. Mueller Inc. purchased a computer on 12/15 for $2,000 which was delivered on Jan. 31st. Back to you Alex fruity Goobers

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Alex fruity Goobers Im glad to assist you Regarding the cash and accrual accounting treatment for th... View the full answer