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Describe and discuss the choice of taxable year and the cash,accrual. And hybrid methods...

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Accounting

Describe and discuss the choice of taxable year and the cash,accrual. And hybrid methods of accounting

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Answer The given assessment year is the year for which you are setting up an expense form So impose year 2017 means action done in 2017 This expense form would for the most part be set up amid impose season in 2018 MarchApril of every year as duty year 2017 closes on December 31st 2017 for the vast majority of us There are special cases Now and then an assessment year completes at odd periods On the off chance that your assessment year is from February first to January 31st at that point charge year 2017 would finish up on January 31st    See Answer
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In: AccountingDescribe and discuss the choice of taxable year and the cash,accrual. And hybrid methods of...Describe and discuss the choice of taxable year and the cash,accrual. And hybrid methods of accounting

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