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Windy company sales report showed that their sales in 2017 $500,000 and cost of $400,000, these sales were on credit(on account) and they received
Windy company sales report showed that their sales in 2017 $500,000 and cost of $400,000, these sales were on credit(on account) and they received cash as following: $120,000 in 2017, $250,000 in 2018 and $130,000 in 2019, the company uses cost recovery method, compute ending balance of unrealized Gross ?Profit in 2017 $80,000 .a .$76,000 .b .$100,000.c
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Applying International Financial Reporting Standards
Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise
3rd edition
730302121, 978-0730302124
