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Which of the following taxpayers is required to use the accrual method of accounting? a . An attorney with average annual gross receipts of $

Which of the following taxpayers is required to use the accrual method of accounting?
a. An attorney with average annual gross receipts of $2 million.
b. An insurance agency with average annual gross receipts of $5 million.
c. A retail business with average annual gross receipts of $8,000,000.
d. None of these choices are required to use the accrual method.
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