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Inventory is reported the same way whether a farmer uses the cash-basis system or the accrual-adjusted approach. Group of answer choices True False journal entry

Inventory is reported the same way whether a farmer uses the cash-basis system or the accrual-adjusted approach. Group of answer choices True False journal entry for a farmer receiving cash from the sale of a used truck (an asset) would require Group of answer choices a credit to a revenue account a debit to the cash account a credit to the cash account a debit to a revenue account

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