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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Fedora’s Vases experienced all of the following events during the month of September 2020. For each transaction, give the correct amount of revenue and expense to be recognized. If nothing should be recognized, enter 0 for your answer.
Paid employees $96,000 for work performed during the months of August and September. Half of the work relates to September 2020.
Revenue recognized:
Expense recognized:
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