ASHFORD ACC 401 Week 1 DQ 2 Gross Income

May 8th, 2015
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ASHFORD ACC 401 Week 1 DQ 2 Gross Income

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Ch 31. Explain how income is recognized under the cash method of accounting.Under cash method, a taxpayer reports income in the year he or she receives or constructively receives the income rather than the year in which the taxpayer earns the income.2. Are there circumstances in which income i

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