Determine amos seagull''s gross income


In the current year, Seagull corporation purchased an automobile for $25,000. The company was to receive a $1500 rebate from the manafacturer. However, the corporation directed that the rebate be paid to Amos, the corporation's sole shareholder. Determine Amos Seagull's gross income.

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Accounting Basics: Determine amos seagull''s gross income
Reference No:- TGS0100898

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