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The problem states in additional information that Advances From Customers as of the Balance sheet date totaled 1 3 , 6 0 0 . This
The problem states in "additional information" that Advances From Customers as of the Balance sheet date totaled This total is still credited against Accounts receivable. Can you explain why this amount is added back into Accounts receivable? Also, can you explain what Unamortized mortgage costs are and why they are subtracted out of prepaid?
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Accounting For Non-Accountants
Authors: David Horner
10th Edition
0749472812, 978-0749472818
