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Business, 25.02.2020 17:02 kefernanda40

Dolphin Co. received $3,875 in fees during 2017, 1/5 of which will be earned in 2018. The rest was earned when the amount was received.
The company should report which of the following amounts as income in 2017?

a) $775
b) $3100
c) $0
d) $3,875

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Answers: 3

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Dolphin Co. received $3,875 in fees during 2017, 1/5 of which will be earned in 2018. The rest was e...

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