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March 24, 2017

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If Tom, an accountant, agrees to provide accounting services to Carl, a friend, in exchange for Carl fixing Tom's office floor, then: (Points : 1)
Tom must report income on his tax return.
Carl must report income on his tax return.
Neither Tom nor Carl must report income on their tax returns.
Both of them must report income on their tax returns.

  • Accounting - ,

    both

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