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During 20X2, New Company earned service revenues amounting to $200,000, of which $120,000 were collected in cash; the balance will be collected in January 20X3.
During 20X2, New Company earned service revenues amounting to $200,000, of which $120,000 were collected in cash; the balance will be collected in January 20X3. The 20X2 statement of earnings of the company should report which of the following amounts for service revenues? $200,000. $120,000. $320,000. $80,000
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How To Stop Living Paycheck To Paycheck How To Take Control Of Your Money And Your Financial Freedom Starting Today Volume 1
Authors: Phil Wall
1st Edition
1647772249, 978-1647772246
