Question
Net Income _(1)___ cash because corporations must use the _(2)___ accounting method. (1) is; (2) cash basis (1) is not; (2) cash basis (1) is
Net Income _(1)___ cash because corporations must use the _(2)___ accounting method.
| (1) is; (2) cash basis | ||
| (1) is not; (2) cash basis | ||
| (1) is not; (2) accrual | ||
| (1) is; (2) accrual |
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
14th Edition
1264101597, 9781264101597
