Accounting Method Cases

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Across
  1. 7. accounting principle where income and expenses reported in same period
  2. 8. One of the concepts governing taxation of advance payments
  3. 10. Congress later enacted an __________ for membership organizations
  4. 11. both decisions were in favor of this person
  5. 12. In Schlude, income was recognized based on the examination of individual _____ ______
Down
  1. 1. the Schlude case involved reporting income for __________ __________
  2. 2. the AAA case involved reporting income from _________ dues
  3. 3. common problem was that taxpayer could not determine ______ a customer would demand service
  4. 4. under section 446 the IRS can adjust the taxpayer’s accounting method to _______ _______ income
  5. 5. One of the concepts governing taxation of advance payments
  6. 6. Both companies used this method of accounting for financial statements
  7. 9. most advanced payments are taxed