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Ms. Smith, owner of Smith Dental Supply Company, has a few friends who are going to invest in her company. The total amount is $15,000

Ms. Smith, owner of Smith Dental Supply Company, has a few friends who are going to invest in her company. The total amount is $15,000 and Ms. Smith wants to account for this money as sales. She is applying for a $150,000 loan from the bank and thinks the additional cash will help increase her revenues. She calls her accountant excited that she can show $15,000 more in sales

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