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For the current year sarah also had 5000 of short-term

Question - Sarah, who is in the business of making loans, loaned Joe $10,000 two years ago. During the current year, Joe declared bankruptcy. For the current year, Sarah also had $5,000 of short-term capital gain. What amount of loss may Sarah use for the current year?

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Accounting Basics: For the current year sarah also had 5000 of short-term

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Accounting Basics: For the current year sarah also had 5000 of short-term

Reference No:- TGS02857108

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