Tabco Inc., a calendar year, accrual basis corporation, accrued $48,800 wage and salary expense and a corresponding liability at the end of 2019. How much of the accrued expense is deductible in 2019?
A. The amount of the accrued expense paid by September 15, 2020, is deductible in 2019.
B. The entire accrued expense is deductible in 2019.
C. None of the accrued expense is deductible in 2019.
D. The amount of the accrued expense paid by March 15, 2020, is deductible in 2019.
Answer: D
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