Question: Case 1 2 - 2 To Recognize or Not to Recognize, That Is the Question Shakespeare Inc. ( Shakespeare or the Company ) is a

Case 12-2 To Recognize or Not to Recognize, That Is the Question
Shakespeare Inc. (Shakespeare or the Company) is a privately held book printing and publishing company with a December 31 year-end. The summary balance sheet as of December 31,2011, included:

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