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which of the following is not a requirement for a business using a hybrid accounting method? if an inventory is necessary to account for income
which of the following is not a requirement for a business using a hybrid accounting method?if an inventory is necessary to account for income of the business it generally must use the accrual method for purchases and sales if an inventory is necessary to account for income of the business generally must use the cash method for purchases and sales if it uses cash method to report income it must use cash method to report expenses if it uses a cruel method to report expenses it must also use accrual method to report income
if an inventory is necessary to account for income of the business it generally must use the accrual method for purchases and sales
if an inventory is necessary to account for income of the business generally must use the cash method for purchases and sales
if it uses cash method to report income it must use cash method to report expenses
if it uses a cruel method to report expenses it must also use accrual method to report income
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Intermediate Accounting Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
12th Canadian edition
119-49633-5, 1119496497, 1119496330, 978-1119496496
