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Find the amount of expenses recognized is

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Question 1: On Jan. 1,2019, HIJ company paid real estate taxes on its property for the calendar year 2019 in the amount of 150,000. In the first week of July 2019, HIJ made unanticipated major repairs to its plant equipment at cost of 600,000. It is ascertained that these repairs will benefit operations for the remainder of the calendar year. In HIJ's 3rd quarterly income statement for 2019, the amount of expenses recognized is

Reference no: EM132551499

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