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Susan Zupan, a lawyer, accepts a legal engagement in March, performs the work in April, and is paid in May. In completing the engagement, Susan
Susan Zupan, a lawyer, accepts a legal engagement in March, performs the work in April, and is paid in May. In completing the engagement, Susan Zupan pays no costs in March, $2,000 in April, and $2, 500 in May (incurred in April). How much expense should the firm deduct from revenues in the month when it recognizes the revenue? Expenses deducted $
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