Business, 18.10.2019 22:10, kris22elizondop9v1bb

Indicate for each of the following financial statement items whether it would cause no adjustment or whether its absolute value would be either added to or subtracted from net income per books when computing taxable income on the schedule m-1:
a) municipal bond interest earned.
b) excess of capital losses over capital gains
c) interest expense associated with purchase of muni bonds

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Indicate for each of the following financial statement items whether it would cause no adjustment or...