A liquidation must be reported to the Internal Revenue Service on Form 966
A. whether the shareholders' realized gain is recognized or not.
B. by the shareholders.
C. within 60 days of the adoption of a plan of liquidation.
D. that is filed with the national IRS office.
Answer: A
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Limitations of online travel services include
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Which of the following best describes an attribute or combination of attributes that could be used as the primary key for an entity?
A) Candidate key B) Natural key C) Surrogate key D) Composite key
A company's December 31 work sheet appears below with summary amounts in the Income Statement and Balance Sheet columns. Prepare the four necessary closing entries. 
What will be an ideal response?