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For each of the following separate situations, determine the amount of expense each company should recognize in December ( using accrual basis accounting ) .
For each of the following separate situations, determine the amount of expense each company should recognize in December using
accrual basis accounting
a Chipotle has monthly wages expense of $ that has been incurred but not paid as of December
b United Airlines purchases a month insurance policy for $ on December for immediate coverage.
c On December Pfizer prepays $ for hotel rooms for its January sales meeting.
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