How do you help them decide which is allowable

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Question: A potential client (husband and wife) is exploring opening a new small business that will repair appliances and sell replacement parts. Inventory will not be significant. They are confused about a natural business year, fiscal year, calendar year, short year, accrual, or cash basis. How do you help them decide which is allowable and which might serve them best?

Reference no: EM133375339

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