Distributable Net Income Assignment

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    Distributable Net Income Assignment

    Distributable net income Select one: a.     is the dividend and interest earned by a trust in a year less expenses. b.    is the minimum amount that must be distributed by a complex trust. c.     limits the amount of a distribution that is taxable to the beneficiary. d.    is only made up of taxable income. Get Accounting homework help today

    Distributable net income

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    Select one:

    a.     is the dividend and interest earned by a trust in a year less expenses.

    b.    is the minimum amount that must be distributed by a complex trust.

    c.     limits the amount of a distribution that is taxable to the beneficiary.

    d.    is only made up of taxable income. Get Accounting homework help today