Which is correct regarding the crop year method?

Which is correct regarding the crop year method?




A. Crop year method is accounting period
B. Crop year method recognizes farming income when the planting season commenced
C. Crop year method matching cropping expenses with the income upon harvest
D. Crop year method recognizes cropping expenses when incurred and harvest income when realized


Answer: C. Crop year method matching cropping expenses with the income upon harvest


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