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Nonbusiness bad debts are deductible: Question 10 options: 1) as short-term capital losses. 2) in full against business gross income. 3) only when...
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Question

Nonbusiness bad debts are deductible: Question 10 options: 1)  as short-term capital losses.


2) 

in full against business gross income.


3) 

only when they become wholly or partially worthless.


4) 

a and c are both correct.

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Subject: Accounting, Business

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