roger owns a bicycle shop. once a week he and a group of friends rent the gym of the local club to play basketball. roger collects cash from the group and writes a check to the club on his business account. he then deducts the payment as a business expense. comment on the ethics exhibited by roger and the possible consequences of his actions.

roger owns a bicycle shop. once a week he and a group of friends rent the gym of the local club to play basketball. roger collects cash from the group and writes a check to the club on his business account. he then deducts the payment as a business expense. comment on the ethics exhibited by roger and the possible consequences of his actions.

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter2: Income Tax Concepts

Section: Chapter Questions

Problem 53P

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