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Business, 13.11.2019 07:31 enrique2211

Lewis co. sold merchandise to adco for $43,000 and received $43,000 for that sale one month later. one week prior to receiving payment from adco, lewis made a $9,000 payment to adco for advertising services that have a fair value of $5,000. after accounting for any necessary adjustments, how much revenue should lewis co. record for the merchandise sold to adco?

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Lewis co. sold merchandise to adco for $43,000 and received $43,000 for that sale one month later. o...
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