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Acceptable accounting methods for reporting purposes

For each of the three items, (1) depreciation, (2) inventory, and (3) installment sales, explain:

a. Two acceptable accounting methods for reporting purposes.

b. How each of the two acceptable accounting methods identified affect current period income.

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Finance Basics: Acceptable accounting methods for reporting purposes

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Finance Basics: Acceptable accounting methods for reporting purposes

Reference No:- TGS0678527

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