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In February 2008, Stan Harkins invested an additional $5,000 in his business, Harkins' Hoagies, which is organized as a corporation. Harkins' accountant, Nancy Brieschke, recorded
- In February 2008, Stan Harkins invested an additional $5,000 in his business, Harkins' Hoagies, which is organized as a corporation. Harkins' accountant, Nancy Brieschke, recorded this receipt as an increase in cash and revenues. Is this treatment appropriate? Why or why not?
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Michael J. Atkins, Donald E. Kieso, Paul D. Kimmel, Valerie Ann Kinnear, Barbara Trenholm, Joan E. Barlow
1st Canadian Edition
1118757149, 978-1118757147
