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    Federal Taxation
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    Exam 2: Corporations: Introduction and Operating Rules
  5. Question
    In General,corporations That Maintain Inventory for Sale to Customers May
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In General,corporations That Maintain Inventory for Sale to Customers May

Question 26

Question 26

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In general,corporations that maintain inventory for sale to customers may use either the cash or accrual method of accounting for determining sales and cost of goods sold.

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