Question: Which of the following causes a permanent difference between taxable income and pretax accounting income? The installment method used for sales of property
Which of the following causes a permanent difference between taxable income and pretax accounting income?
• The installment method used for sales of property
• MACRS depreciation method used for equipment
• Interest income on municipal bonds
• The installment method used for sales of property
• MACRS depreciation method used for equipment
• Interest income on municipal bonds
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