Brandon is the operator and owner of a cleaning service who uses the cash method of accounting.He receives the following payments on December 31,2017,the last business day of his tax year:

How much of the $9,400 collected by Brandon on December 31 must be included in his 2017 gross income?
A)$2,400
B)$3,000
C)$5,400
D)$7,000
E)$9,400

Question

Brandon is the operator and owner of a cleaning service who uses the cash method of accounting.He receives the following payments on December 31,2017,the last business day of his tax year:
​

How much of the $9,400 collected by Brandon on December 31 must be included in his 2017 gross income?
A)$2,400 
B)$3,000 
C)$5,400 
D)$7,000 
E)$9,400

Quizplus · Accepted Answer

The Answer of Brandon is the operator and owner of a cleaning service who uses the cash method of accounting.He receives the following payments on December 31,2017,the last business day of his tax year:
​

How much of the $9,400 collected by Brandon on December 31 must be included in his 2017 gross income?
A)$2,400 
B)$3,000 
C)$5,400 
D)$7,000 
E)$9,400

Brandon Is the Operator and Owner of a Cleaning Service