Two years later, on 1 December 2016, the managing director of the Canberra Carpet Company gets an

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Two years later, on 1 December 2016, the managing director of the Canberra Carpet Company gets an e-mail from Tariq. It says: ‘Made a fortune in the Icelandic Goldfields! Sorry about the unpaid bill! Money now transferred into your company’s account!’ What entries would be made in the company’s financial summaries to reflect this happy event?

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Accounting And Finance For Business

ISBN: 9780273773948

1st Edition

Authors: Geoff Black, Mahmoud Al-Kilani

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