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  • IA 2 Valix Answer Key

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    Rhitzelynn Ann Barredo
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    This document appears to be a chapter from an accounting manual. It includes an income statement for the year ending December 31, 2020. The income statement shows total revenue of $500,000 and total expenses of $450,000, resulting in net income of $50,000. It also lists total current assets of $150,000 and total current liabilities of $100,000.

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    This document appears to be a chapter from an accounting manual. It includes an income statement for the year ending December 31, 2020. The income statement shows total revenue of $500,000 and total expenses of $450,000, resulting in net income of $50,000. It also lists total current assets of $150,000 and total current liabilities of $100,000.

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    © All Rights Reserved
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    836 views3 pages

    IA 2 Valix Answer Key

    Uploaded by

    Rhitzelynn Ann Barredo
    This document appears to be a chapter from an accounting manual. It includes an income statement for the year ending December 31, 2020. The income statement shows total revenue of $500,000 and total expenses of $450,000, resulting in net income of $50,000. It also lists total current assets of $150,000 and total current liabilities of $100,000.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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