The Legal Environment of Business: Text and Cases
9th Edition
ISBN: 9781305764460
Author: Frank B Cross/ Roger LeRoy Miller
Publisher: CENGAGE C
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Chapter 10, Problem 1IS
Summary Introduction
Case summary:The person D, without the permission of her roommate, took her credit card to pay for the expenses of a vacation. She used the same card in a gas station to pay for gas.
To explain:The crime committed by the person D with respect to the gas station.
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Subject:- General Account
During the year, Kiner Company made an entry to write off a $9,000 uncollectible account. Before this entry was made, the balance in accounts receivable was $315,000 and the balance in the allowance account was $27,000. The net realizable value of accounts receivable after the write-off entry was: A. $200,000. B. $184,000. C. $176,000. D. $288,000. answer
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The Legal Environment of Business: Text and Cases
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