For each of the following payments, indicate the form that should be used to report the payment: a. Interest of $400 paid by a bank _________________ b. Payment of $400 in dividends by a corporation to a shareholder_________ c. Periodic payments from a retirement plan___________________ d. Salary as president of the company____________________ e. Las Vegas keno winnings of $25,000____________________
For each of the following payments, indicate the form that should be used to report the payment: a. Interest of $400 paid by a bank _________________ b. Payment of $400 in dividends by a corporation to a shareholder_________ c. Periodic payments from a retirement plan___________________ d. Salary as president of the company____________________ e. Las Vegas keno winnings of $25,000____________________
Chapter9: Payroll, Estimated Payments, And Retirement Plans
Section: Chapter Questions
Problem 11P
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For each of the following payments, indicate the form that should be used to report the payment:
a. Interest of $400 paid by a bank _________________
b. Payment of $400 in dividends by a corporation to a shareholder_________
c. Periodic payments from a retirement plan___________________
d. Salary as president of the company____________________
e. Las Vegas keno winnings of $25,000____________________
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