Question

Which of the following is NOT an accounting method used by contractors? Group of answer choices...

Which of the following is NOT an accounting method used by contractors?

Group of answer choices

Capital Method

Cash Method

Accrual Method

Cash, Capital and Accrual are all accounting methods used by contractors.

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Answer #1

The correct answer is the accrual method to use by contractor.

The whole contraction companies and all contractors are used to accrual accounting method this is specialized for their industries. This is short term project.

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