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oblem Set Question 17 0.5 pts owns an accounting practice (sole proprietorship). During 2020, Al received payments of $200,00
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Answer #1
Calculation of AI's Gross Income for 2020
Payment of service rendered and paid in 2020 $160,000
Add: Accout receivable held for services rendered in 2020 $10,000
AI's Gross Income for 2020 $170,000
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