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A company purchased $110,000 Building paying Cash of $90,000 and financing the remainder using a long term note payable what is the impact in the
A company purchased $110,000 Building paying Cash of $90,000 and financing the remainder using a long term note payable what is the impact in the net income if the company uses the Cash basis of accounting?
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Managerial Accounting
Authors: John J. Wild, Ken W. Shaw
2010 Edition
9789813155497, 73379581, 9813155493, 978-0073379586
