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Ames Company Uses Accrual Accounting

Submitted by • October 9, 2018

Ames Company uses accrual accounting and issues financial statements every month. The company's records reveal the following events during the current period. For each event, indicate whether the event results in an Increase, Decrease, or No Change in assets, liabilities and stockholders' equity. Also, explain the reasoning for your response.

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Voted by Simon Brooke

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