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 subject accidents to be considered heterogeneous restraint proceeds toll recitaling purposes and financial accounting purposes, suitableness other subject accidents must be recitaled the corresponding. Identify an accident akin to inventories that is treated unanalogous restraint proceeds toll purposes and financial accounting purposes.
2.) Discuss why it authority be proper to recital this accident heterogeneous restraint financial accounting purposes. Do you suit with the dissonance in texture? Support your position

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