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Anthony Walker, a lawyer, accepts a legal engagement in March, performs the work in April, and is paid in May. Walker pays no costs in
Anthony Walker, a lawyer, accepts a legal engagement in March, performs the work in April, and is paid in May. Walker pays no costs in March, $ 3,000 in April, and $ 2,640 in May (incurred in April). How much expense should the firm deduct from revenues in the month when it recognizes the revenue?
Expense the should firm deduct from revenues | $ ________ |
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