A trust has net accounting income of 15000. in addition the, Ask an Expert

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A trust has net accounting income of $15,000. In addition, the trust has a $10,000 capital gain, which is not included in net accounting income. The trust is required to distribute the trust income to the beneficiary. The beneficiary will receive:

a. $10,000

b. $15,000

c. $24,700

d. $25,000

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Accounting Basics, Accounting

Category:- Accounting Basics
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