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The accounting records of Aeroline, LLC. show that on December 31, 2020, it has received $795,359 in cash from customers for travel in February 2021.
| The accounting records of Aeroline, LLC. show that on December 31, 2020, it has received |
| $795,359 in cash from customers for travel in February 2021. How would this transaction be |
| recorded in the books of account? Use the accounting equqtion or T-accounts |
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Financial Accounting Impact On Decision Makers
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
1111464936, 978-1111464936
