Find gdp if amount of out-put have been indentical
The type of manuscript for this book was typed for free by a friend. Had I hired a secretary to do the same job, GDP would have been higher, even though the amount of out-put would have been indentical. Why is this? Does this make sense?
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GDP would have been higher, even though the amount of out-put would have been indentical. Why is this? Does this make sense?
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Sales are $777,900 for 2011, sales returns and allowances are $42,600, and the allowance for doubtful accounts has a credit balance of $8,820. Prepare the adjusting entry to record bad debts expense in 2011.
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