Bart, a single taxpayer, has recently retired. This year, he received $24,000 in pension payments and $5,000 of Social Security payments. What amount must Bart include in his gross income for the Social Security payments?
A. $750
B. $0
C. $4,250
D. $1,500
E. $2,500
Answer: A
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Fill in the blank(s) with correct word
The disclosure principle states that a company should disclose all major accounting methods and procedures in the ________.
A) balance sheet B) income statement C) footnotes to the financial statements D) internal accounting documents
In the case of ________ exporting, sellers handle their own exports
A) direct B) licensed C) indirect D) countervailing E) multilateral
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