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Camp Consulting Services started business on January 1, 2016. Camp performed services for customers. Totaling $100,000 of which 40% remain uncollected at the end of

Camp Consulting Services started business on January 1, 2016. Camp performed services for customers. Totaling $100,000 of which 40% remain uncollected at the end of December.



Under the accrual basis, what amounts would appear on Camp Consulting's financial statements for 2016?

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