Clarissa is getting ready to start a new life with her two young sons. Money will be tight for a while, so she is preparing an income statement. Which of the following should NOT be listed as revenue?
A) wages
B) tax refund
C) alimony
D) state taxes
E) savings interest
Answer: D
Explanation: D) Clarissa needs to pay state taxes, so this is subtracted from her revenue. Her tax refund will be money coming back to her; it is considered revenue.
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