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In the Soviet Union co-operative run collective farms are called ………….
Cash Basis
An accounting method where transactions are recorded when cash is received or paid, without regard to when the transactions occurred.
Selling and Administrative Expense
Costs incurred by a company from its selling activities and the management of the overall company, excluding production costs.
Cash Basis
A bookkeeping approach that only recognizes earnings and outgoings at the time cash is exchanged.
Financing Activities
Activities that result in changes in the size and composition of the equity capital or borrowings of a company.
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