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The accrual method generally is required for: a . An incorporated public accounting firm with gross receipts in excess of $ 2 9 million. b

The accrual method generally is required for:
a. An incorporated public accounting firm with gross receipts in excess of $29 million.
b. A grocery store with average annual gross receipts of $800,000.
c. A real estate management company operating as an S corporation with more than $29 million of gross receipts.
d. None of these.
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