Question
During 2018, the following events occurred for Clouseau Consultants 1. Clouseau provided $32421 of consulting services to its clients but no cash has been
During 2018, the following events occurred for Clouseau Consultants 1. Clouseau provided $32421 of consulting services to its clients but no cash has been collected. 2. Clouseau collected $16243 cash from customers in partial settlement of its accounts receivable. 3. Clouseau paid the instructor $14935 cash for teaching training courses (salary expense). 4. Clouseau paid $3424 for supplies. Half of the supplies were used in 2018. 5. Clouseau paid $4083 in dividends. After recording all these transactions, Clouseau's assets will increase by $
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Intermediate Accounting
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
1st edition
978-0133251579, 133251578, 013216230X, 978-0134102313, 134102312, 978-0132162302
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