Finance Homework Help
Emerald Corporation, a calendar year C corporation, was formed and began operations on July 1, 2014. The following expenses were incurred during the first tax year (July 1 through December 31, 2014) of operations:
Expenses of temporary directors and of organizational meetings
$9,000
Fee paid to the state of incorporation
$1,000
Accounting services incident to organization
$2,500
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12 Sep 2017
Expiry Date: 12 Sep 2017