Which of the following statements about business tax returns is
true?
O Tax return balance sheets distinguish between short-term notes
payable and current portion of
long-term debt.
O Tax returns disclose actual bad debt write-offs.
O The tax return does not disclose sales returns and
allowances.
O The amount for total assets on the balance sheet included in a
tax return is different from the
amount shown on the GAAP financial statements.