Fundamental Financial Accounting Concepts, 9th Edition
Fundamental Financial Accounting Concepts, 9th Edition
9th Edition
ISBN: 9780078025907
Author: Thomas P Edmonds, Christopher Edmonds, Frances M McNair, Philip R Olds
Publisher: McGraw-Hill Education
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Chapter D, Problem 36Q
To determine

Compute the dollar and percentage changes in credit card receivables between 2013 and 2012, indicate the item which is similar and relates to credit card receivables on the income statement, and explain the status of credit card receivables and explain the manner in which this event has been reported in the 2013 income statement.

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