Seek the advice of with knowledgeable tax advisor and accountant to stay away from any unplanned tax payments or other surprises.
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QUESTION 37 Cash investments by stockholders are shown on which of the next statements? Statement of retained earnings and revenue statement.
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Part 37 of Revenue Tax Act presents deductions on small business expenditure excluding cash expenses as well as the assessee’s particular bills. It contains a list of expenditure that happen to be applicable for deductions and those which can be disallowed.
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