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SE3-2. Rand.01 eBook Print Question 2 Not complete Marked out of 2.00 P Flag question Accrual Accounting Evan Corporation provided consulting services for Kensington Company
SE3-2. Rand.01 eBook Print Question 2 Not complete Marked out of 2.00 P Flag question Accrual Accounting Evan Corporation provided consulting services for Kensington Company in 2015. Evan incurred costs of $120.000 associated with the consulting and billed Kensington $180,000. Evan paid $80,000 of its costs in 2015 and the remaining $40,000 in 2016. Evan received $90,000 of its billing in 2015. Kensington paid the remaining 590,000 in 2016. Evan reports on the accrual basis of accounting. How much is Evan's 2015 and 2016 profit related to the Kensington consulting? 2015$ 2016 5 Check Type here to see Die SE
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