Atax return preparer must complete the paid preparer's area of the return ifa. an employee prepares a tax return for his employer by whom he is regularly and continuously employed. b. the individual was paid to prepare, assist in preparing, or review the tax return. c. the individual volunteers to complete the return for no cost. d. the taxpayer prepares his own return. e. none of the above
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Business, 22.06.2019 21:10, winterblanco
The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be:
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