Both Mr. Jones and Mrs. Green earned $50,000 gross in 2009. Yet, Mr.


Both Mr. Jones and Mrs. Green earned $50,000 gross in 2009. Yet, Mr. Jones owed IRS $600 on his tax return while the IRS owed Mrs. Green $600 on her tax return. ?What do you think were the possible reasons for the difference in the results? Explain.

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Accounting Basics: Both Mr. Jones and Mrs. Green earned $50,000 gross in 2009. Yet, Mr.
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