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Business, 16.10.2020 03:01 djnkyworld

Larry uses an accrual method of accounting and a calendar year. On December 30, 2019, he completed work for a client and submitted his bill. The client had no dispute with the work done or the amount of the bill. The client paid Larry's bill in 2020. In which year should he report the income from this project?

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Larry uses an accrual method of accounting and a calendar year. On December 30, 2019, he completed w...
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