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Under what conditions would the cash method of accounting be advantageous over the accrual basis? Generally, when gross income is the accrual basis taxpayer
Under what conditions would the cash method of accounting be advantageous over the accrual basis? Generally, when gross income is the accrual basis taxpayer must recognize the income the year the cash basis taxpayer defers its income until it is whereas For cash basis taxpayer, deductions are generally permitted in
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