Evaluate the accounting system of rebecca business

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Reference no: EM133335841

Question: Rebecca is a calendar- year taxpayer who operates a business. She made the following business- related expenditures in December of this year.

Indicate the amount of these payments that she may deduct this year both the cash method or accounting and the accrual method of accounting

$2,000 for an accountant to evaluate the accounting system of Rebecca's business. The accountant spent three weeks in January of next year working on the evaluation.

Deductible amount (Cash method) =
Deductible amount (Accrual method) =

Reference no: EM133335841

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