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Shown as follows are selected transactions of the architectural firm of Munson, Chang, and Alverez, Inc.: a. Prepare journal entries to record the transactions in

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Shown as follows are selected transactions of the architectural firm of Munson, Chang, and Alverez, Inc.: a. Prepare journal entries to record the transactions in the firm's accounting records. b. Identify any of these transactions that will nor result in a change in the company's net income

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