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Revenue from installment sales is recognized in the period received for tax purposes and recognized...

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Accounting

  1. Revenue from installment sales is recognized in the period received for tax purposes and recognized in the period earned for accounting purposes. If these periods are different, this is an example of a

    permanent difference that gives rise to interperiod tax allocation

    permanent difference that does not give rise to interperiod tax allocation

    temporary difference that gives rise to interperiod tax allocation

    temporary difference that does not give rise to interperiod tax allocation

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