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Acct 574 Case Study 1 - exact
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Accounting Case 1: You are a senior accountant working for. You have a new client, Summerby Inc. SI is preparing for its upcoming December 31st, year end and has sought your advice on the accounting policies. As a result of the rapid expansion, SI has recently built a new manufacturing facility. SI received the funds in November and booked this to other income as there are no repayment requirements. Required Prepare the memo t.
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