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Tristate Tech Co. accounts for inventory as materials and supplies that are not incidental. When can Tristate Tech deduct the costs of inventory in its
Tristate Tech Co. accounts for inventory as materials and supplies that are not incidental. When can Tristate Tech deduct the costs of inventory in its federal income tax return? Question 9Answer a. When Tristate Tech receives the inventory from its supplier b. When Tristate sells the inventory c. When Tristate Tech receives the check from the customer who buys the inventory d. When Tristate deposits in the check received from the customer
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