Summarized operations for Oslo Outfitters for the month of July are as follows. Revenues recognized: for cash

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Summarized operations for Oslo Outfitters for the month of July are as follows.

Revenues recognized: for cash £20,000; on account £70,000.
Expenses incurred: for cash £26,000; on account £40,000.

Indicate for Oslo Outfitters

(a) The total revenues,

(b) The total expenses, and

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Accounting Principles

ISBN: 978-1119419617

IFRS global edition

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

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Question Posted: Jun 20, 2019 07:53 AM

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Summarized operations for Oslo Outfitters for the month of July are as follows. Revenues recognized: for cash

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a Total revenues 20000 70000 900...View the full answer

Accounting Principles

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