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Hadis Company operates a large retail men's clothing store that has annual gross receipts of $30 million. Because Hadis has merchandise inventory, it must use:

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Hadis Company operates a large retail men's clothing store that has annual gross receipts of $30 million. Because Hadis has merchandise inventory, it must use: Multiple Choice The accrual method as its overall method of accounting, The accrual method to account only for purchases of merchandise.

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