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Business, 08.10.2019 00:00 NutMeg6544

Brad operates a storage business on the accrual method. on july 1 brad paid $48,000 for rent on his storage warehouse and $18,000 for insurance on the contents of the warehouse. the rent and insurance covers the next 12 months. what is brad's deduction for the rent and insurance?

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Brad operates a storage business on the accrual method. on july 1 brad paid $48,000 for rent on his...
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