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9. Transfer $1000 in uncollected customer A/R from his cash basis services business to Z in exchange for half of Z's common stock plus Z's
9. Transfer $1000 in uncollected customer A/R from his cash basis services business to Z in exchange for half of Z's common stock plus Z's assumption of $500 of A/P attribute to the service business...
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Fundamental Managerial Accounting Concepts
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Olds
8th edition
978-1259569197
