In February 1998 Paul Jonas invested an additional ($ 10,000) in his business, Jonas's Pharmacy, which is
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In February 1998 Paul Jonas invested an additional \(\$ 10,000\) in his business, Jonas's Pharmacy, which is organized as a corporation. Jonas's accountant recorded this receipt as an increase in cash and revenues. Is this treatment appropriate? Why or why not?
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Hamza Amjad
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Related Book For 
Financial Accounting Tools For Business Decision Making
ISBN: 9780471169192
1st Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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