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NightWoundsTime Brewing Co. distributes its products in an aluminum keg. Customers are charged a deposit of $100 per keg: deposits are recorded in the Keg

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NightWoundsTime Brewing Co. distributes its products in an aluminum keg. Customers are charged a deposit of $100 per keg: deposits are recorded in the Keg Deposits account. 1. A keg use analyst who works for NightWoundsTime estimates that 330 kegs for which deposits were received during the year will never be returned. What accounting, if any, would be appropriate for the deposits associated with these kegs? Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.) Balance Sheet Liabilities Assets Stockholders' Equity Net Income Rove

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