Question: A small business that qualifies for the cash method may use which method to account for inventory? a. Treat the same as in the applicable

A small business that qualifies for the cash method may use which method to account for inventory?

a. Treat the same as in the applicable financial statements

b. Treat as non-incidental materials and supplies

c. Treat the same as books and records if no applicable financial statements

d. Under the accrual method

e. All of these choices are suitable for accounting for inventory.

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