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How the capital of quality will increase by

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Problem 1: Total revenue of Handsome service for the period is 250,000. Of the 250,000, 50,000 is in the form of accounts receivable, and 20,000 in notes receivable. Under the expanded accounting eqn, the capital of Handsome will increase by?

Problem 2: Quality Co.'s Service revenue on account is 60,000 and the cash basis is 90,000. The total expense is 140,000. The capital of Quality will increase by?

Reference no: EM132987204

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