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Hybrid Method of Accounting

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Hybrid Method of Accounting
A combination of accounting methods, usually of the cash and accrual methods.


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In HCA, the taxpayer had applied a hybrid method of accounting, under which the income and expenses attributable to the sale of pharmaceutical products and supplies was reported under the accrual method, and the income and expenses attributable to physician and other hospital services was reported under the cash method of accounting.
 
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