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Viking Horn Company received an advance payment of $162,000 for a consulting contract during the year. The balance in the Unearned Consulting Fees accounts at
- Viking Horn Company received an advance payment of $162,000 for a consulting contract during the year. The balance in the Unearned Consulting Fees accounts at the beginning of the year was $12,000. At the end of the year, $7,000 was still unearned. How much will Viking Horn report as Consulting Revenue on its income statement for the year?
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Essentials Of Business Analytics
Authors: Jeffrey Camm, James Cochran, Michael Fry, Jeffrey Ohlmann, David Anderson, Dennis Sweeney, Thomas Williams
1st Edition
128518727X, 978-1337360135, 978-1285187273
