GenerUs Incorporated board of directors approved a charitable cash contribution to FoodBank, a qualified nonprofit organization, in November of 2020 Geners made the payment to FoodBank on February 2, 2021. GenerUs Incorporated (a calendar year corporation) may claim a deduction for the contribution on ts 2020 sax retu True or False True False
GenerUs Incorporated board of directors approved a charitable cash contribution to FoodBank, a qualified nonprofit organization, in November of 2020 Geners made the payment to FoodBank on February 2, 2021. GenerUs Incorporated (a calendar year corporation) may claim a deduction for the contribution on ts 2020 sax retu True or False True False
Chapter17: Corporations: Introduction And Operating Rules
Section: Chapter Questions
Problem 39P
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