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A $1,000 invoice for a seminar in February 2016 is received on December 5, 2015 with 10-day terms. Circle whether the following statement is true

A $1,000 invoice for a seminar in February 2016 is received on December 5, 2015 with 10-day terms. Circle whether the following statement is true or false:

In December the invoice should be coded to seminar expense for $1,000.

True False

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