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] Which of the following may be deducted as a business bad debt by Mr....

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Accounting

] Which of the following may be deducted as a business bad debt by Mr. Leonard, a cash-basis taxpayer? A. A worthless corporate security. B. A note evidencing a worthless personal loan to a friend. C. A loss from uncollected accounts receivable. D. A note evidencing an uncollectible business loan.

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