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Business, 23.10.2019 05:00 rissamarie6538

Mike started a calendar year business on september 1st of this year by paying 12 months rent on his shop at $1,000 per month. what is the maximum amount of rent that mike can deduct this year under each type of accounting method? a. $12,000 under the cash method and $12,000 under the accrual methodb. $4,000 under the cash method and $12,000 under the accrual methodc. $12,000 under the cash method and $4,000 under the accrual methodd. $4,000 under the cash method and $4,000 under the accrual methode. $4,000 under the cash method and zero under the accrual method

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