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Arturiano [62]
2 years ago
12

Somerset leasing received $50,400 for 24 months' rent in advance. how should somerset record this transaction?

Business
1 answer:
butalik [34]2 years ago
3 0
Maybe on a balance sheet, to keep track of everything monthly
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contractual vertical marketing system

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And since it is a marketing chain with contractual clauses which include all the penalties also.

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If the beginning Cash account balance of Moonbeam, Inc. was $40,000, the ending balance was $67,200, and the total cash paid out
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Cash Received during the period = $155200

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The amount of receipts or cash received during the period can be calculated using the following formula.

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How often are people likely to communicate interpersonally ​
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rarely these day's maybe family that's bout it.

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