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The income statement of Swifty Corporation for 2020 included the following items: Interest revenue $136000 Salaries and wages expense 201000 Insurance expense 20700 The
The income statement of Swifty Corporation for 2020 included the following items: Interest revenue $136000 Salaries and wages expense 201000 Insurance expense 20700 The following balances have been excerpted from Swifty Corporation's balance sheets: December 31, 2020 December 31, 2019 Interest receivable $18900 $14200 Salaries and wages payable 17400 8800 Prepaid insurance 2300 3250 The cash received for interest during 2020 was O $117100. 4 O $136000. $131300. $140700.
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
