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TB MC Qu. 2-47 (Static) Jacks Snow Removal Company... Jack's Snow Removal Company received a cash advance of $6,000 on December 1 Year 1 to

TB MC Qu. 2-47 (Static) Jacks Snow Removal Company... Jack's Snow Removal Company received a cash advance of $6,000 on December 1 Year 1 to provide services during the months of December January and February. The year end adjustment on December 31 Year 1, to recognize the partial expiration of the contract will Mutiple Choice increase assets by $2,000 in stocksters' equity by $2,000 increases by $2,000 ince by $2,000 and increase stockholders' equity by $2.000

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