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The adjusted trial balances of Verne Corporation at August 31, 2018, and August 31, 2017, include these amounts (in millions) EEB (Click the icon to
The adjusted trial balances of Verne Corporation at August 31, 2018, and August 31, 2017, include these amounts (in millions) EEB (Click the icon to view the trial balance amounts.) Verne Corporation complete these transactions (in millions) during the year ended August 31, 2018 (Click the icon to view the transactions.) Read the requirement. The sales revenue for the year ended August 31, 2018 is $ 20,800 million The insurance expense for the year ended August 31, 2018 is 440 million Trial balance amounts Accounts receivable Prepaid insurance Accrued liabilities payable (for other operating expenses) 2018 S 490 400 800 2017 290 420 620 Print Done Transactions Collections from customers $ 20,600 440 4,400 Payment of prepaid insurance Cash payments for other operating expenses Print Done
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