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Temporary Differences in Reporting Revenues Financial Tax Revenue Reporting Reporting Reporting Report Now Taxable Later Example: Income Point-of-sale Installment reporting methods. Method Method Report Later Taxable now Example: Cash When When collected in advance Earned Collected c12-4C12 - 4 Temporary Differences in Reporting Revenues Report Now Taxable Later Report Later Taxable Now Example: Income reporting methods. Point-of-Sale Method Installment Method Financial Reporting Tax Reporting Example: Cash collected in advance. When Earned When Collected Revenue Reporting
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