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Chapter 9, Problem 1BS
Summary Introduction

Case summary:There are three parties in the case; CC, an internet provider; P, a cyber-connect subscriber; and MR, an advertising Company. The company MR uses software to directs its advertisement to those who are interested in their products. The company CC found one of the advertisements defamatory in nature and sued Internet Service Provider CC, and asked for damages.

To find:Liability of Internet service provider for an act of third party.

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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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