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Which of the following must use the accrual method of accounting? I. A property management company, operating as a C corporation, with average annual gross
Which of the following must use the accrual method of accounting? I. A property management company, operating as a C corporation, with average annual gross receipts of $50,000,000. II. An incorporated law firm with average annual gross receipts of $50,000,000. III. An unincorporated grocery store with average annual gross receipts of $50,000,000. a. All of these must use the accrual method. b. None of these choices must use the accrual method. c. Only I and II must use the accrual method. d. Only I and III must use the accrual method
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