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Author Question: For purposes of the accrual method of accounting, the economic performance test is met when (Read 47 times)

cherise1989

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on: Sep 13, 2020
For purposes of the accrual method of accounting, the economic performance test is met when
◦ the property or services are actually provided.
◦ the amount of the item can be reasonably estimated.
◦ all events have occurred that establish the fact of a liability.
◦ all events have occurred that fix the taxpayer's right to receive income.
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by cherise1989 on Sep 13, 2020

KKcool

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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cherise1989

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Reply 2 on: Sep 13, 2020
Excellent

alvinum

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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