In general,a corporation can elect to use either the accrual or cash method of accounting no matter how large the corporation.

Name: In general,a corporation can elect to use either the accrual or cash method of accounting no matter how large the corporation.
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Corporations with average annual gross receipts exceeding $25 million over the prior three years are generally required to use the accrual method of accounting.

In General,a Corporation Can Elect to Use Either the Accrual