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The two methods to account for byproducts are: a. Production methodrecognizes byproducts in the financial statements at the time production is completed. b. Sales methoddelays
The two methods to account for byproducts are: a. Production methodrecognizes byproducts in the financial statements at the time production is completed. b. Sales methoddelays recognition of byproducts until the time of sale. In terms of accounting for by-products, Do you see an advantage of one over another
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