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E3.4 (LO 1, 2, 3), AP Luong Corporation encounters the following situations: 1. Luong collects $1,300 from a customer in 2022 for services to be

E3.4 (LO 1, 2, 3), AP Luong Corporation encounters the following situations: 1. Luong collects $1,300 from a customer in 2022 for services to be performed in 2023. 2. Luong incurs utility expense whic...

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