Which of the following entities is required to report on the accrual basis? a. An accounting firm

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Which of the following entities is required to report on the accrual basis?

a. An accounting firm operating as a Personal Service Corporation.

b. A manufacturing business with $30 million of gross receipts operating as a regular C corporation.

c. A corporation engaged in tropical fruit farming in Southern California.

d. A partnership with gross receipts of $13 million and all of the partners are individuals with a December year-end.

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