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

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Accounting

Which of the following may be deducted as a business bad debt by Mr. G, an accrual-basis taxpayer? A. Worthless trade receivable. B. Worthless loan to his partner, which was used to buy a house. C. Worthless loan to his sister, who used the proceeds in her business. D. Worthless corporate security.

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