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3. Retained earnings 30,000 Licensing agreement no. 1 30,000 To record the 60% loss caused by the explosion in the prior year. Correction of an
3. Retained earnings 30,000 Licensing agreement no. 1 30,000 To record the 60% loss caused by the explosion in the prior year. Correction of an accounting error of the prior year. Write off of damage ...
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Survey of Accounting
Authors: Carl S Warren
6th edition
978-113318912, 1133189121, 978-1133189121
