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ASAP pls What kinds of payments are recorded in the Cash-Basis accounting method? Select all answers that apply: A. cash B. checks C. credit cards
ASAP pls
What kinds of payments are recorded in the Cash-Basis accounting method? Select all answers that apply: A. cash B. checks C. credit cards D. electronic transfers E. debit cards 2. What are the principal methods for keeping track of a business's income and expenses? Select all answers that apply: A. the Cash Receipts and Disbursements method B. the Cash method C. the Accrual method D. the Hybrid method E. the Deferral method 3. Which of the following statements determine whether your company can use the standard mileage rate for its vehicles as a deduction on its tax return? Select all answers that apply: A. The vehicle has been expensed B. The vehicle has been depreciated. C. The vehicle is over 5 years old D. The vehicle will be sold this year, E. The vehicle is part of a fleet of vans Step by Step Solution
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