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Moving to the next question prevents changes to this answer. Question 12 of 15 Question 12 2.5 points Save Answer You work as an accountant

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Moving to the next question prevents changes to this answer. Question 12 of 15 Question 12 2.5 points Save Answer You work as an accountant for a retailing business. How would you respond to the owner's question after he reviews the monthly income statement prepared by you: Why do you report a profit of only $20,000 for the month, when $10,000 cash were received from customers and $30,000 cash were paid for expenses during the month? For the toolbar, press Alt+F10 (PC) or ALT*FN+F10(Mac). BI V S Paragraph Anal 14px I. III

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