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Comprehensive Problem. Bill is a cash-basis, calendar-year taxpayer. Which of the following December items result in gross income or deductions for

Comprehensive Problem. Bill is a cash-basis, calendar-year taxpayer. Which of the following December items result in gross income or deductions for the current year?

a. Check received for December rent, $700, not deposited until January 4
b. Check for $1,100 to pay Bill's state income taxes mailed December 28, cashed January 7
c. Cash received in the amount of $500 for services to be rendered the following year
d. Interest of $800 credited to his savings account, added to Bill's account balance
e. Check received for January rent, $700, deposited on January 9
f. Charitable contribution of $300, charged on Bill's MasterCard
g. Bills totaling $2,000 sent for services rendered during the year, uncollected as of year-end.

This question was asked on Jan 10, 2013.

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