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Chapter 4: Income Measurement and Accrual Accounting 59. Camp Consulting Services started business on January 1, 2016. Camp performed services for customers totaling $100,000 of

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Chapter 4: Income Measurement and Accrual Accounting 59. 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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