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Which of the following is the correct order of accounts in the shareholders' equity section of the balance sheet?
Moving Expenses
Costs incurred for relocating, which in certain situations, may be deductible for tax purposes.
Above-the-line Deduction
A deduction from gross income that can be taken without itemizing deductions, reducing adjusted gross income, and available to all taxpayers who qualify.
Moving Expenses
Costs incurred by an individual or household for relocating to a new residence, which can sometimes be deducted for tax purposes if they are related to starting a new job.
Qualified Education Loans
Loans taken out exclusively for paying higher education expenses that are eligible for certain tax benefits.
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