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20. Smith and jones received $15,000 on may 1, 2016 from ms brown to build a swimming pool. At the end of may they had
20. Smith and jones received $15,000 on may 1, 2016 from ms brown to build a swimming pool. At the end of may they had earned 50% of this amount make the journal entry to recognize the revenue they earned in may.
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Financial Accounting
Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess
9th Edition
032418803X, 978-0324188035
