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  3. a cash based business is taxed on income when: gr

A cash based business is taxed on income when: Group of answer choices: ...

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Question

Accounting

A cash based business is taxed on income when:
Group of answer choices:
1) The invoice is issued / customer is billed, invoice remains uncollected.
2) The product is delivered and the invoice is issued, but remains uncollected.
3) When income is collected.
4) It is at the choosing of the business owner.

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