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Why I don't expense the Accrued income taxes due in July: $80,000? Following information relates to Acco Co. a. Beginning cash balance on July 1:

Why I don't expense the Accrued income taxes due in July: $80,000? Following information relates to Acco Co. a. Beginning cash balance on July 1: $50,000. b. Cash receipts from sales: 30% is coll...

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