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A customer of pays a deposit of $200,000. The service will not be provided until next year. What is the effect on the accounting equation?
A customer of pays a deposit of $200,000. The service will not be provided until next year. What is the effect on the accounting equation?
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Financial Accounting: A Business Process Approach
Authors: Jane L. Reimers
3rd edition
978-013611539, 136115276, 013611539X, 978-0136115274
