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Show how each transaction would be accounted for using the accrual basis of accounting. Give the amount of revenue or expense for January. The first
Show how each transaction would be accounted for using the accrual basis of accounting. Give the amount of revenue or expense for January. The first transaction has been completed for you. Use this as an example to complete the remainder of the requirement. Enter zero for any transactions that do not affect revenues or expenses. Use parentheses or a minus sign when subtracting numbers.
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