Alpha failed to record an AJE for depreciation of $1,000. Nor did Alpha record cash...
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Accounting
Alpha failed to record an AJE for depreciation of $1,000. Nor did Alpha record cash of $1,200 received in advance from a customer for services to be performed in the future ($300 had not been earned by the end of the year, and an AJE was not recorded). What effect does this have on assets, liabilities, and net income
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