Accountable Events; The Internal Revenue Code allows some accountable events to be considered differently for income tax reporting purposes and financial accounting purposes Custom Essay

1.) The Internal Revenue Code allows some impressible occurrences to be considered heterogeneous ce proceeds duty noiseing purposes and financial accounting purposes, timeliness other impressible occurrences must be noiseed the selfsame. Identify an occurrence cognate to inventories that is treated divergent ce proceeds duty purposes and financial accounting purposes.
2.) Discuss why it energy be valuable to noise this occurrence heterogeneous ce financial accounting purposes. Do you consort with the dissonance in treatment? Support your position

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