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Since Its Organization on January 1, 2009, Langley Inc

Question 49

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Since its organization on January 1, 2009, Langley Inc. failed to properly recognize accruals and prepayments. Selected accounts revealed the following information:
Since its organization on January 1, 2009, Langley Inc. failed to properly recognize accruals and prepayments. Selected accounts revealed the following information: Net income reported by the company was: Compute the corrected net income for the years 2009, 2010, and 2011. (Ignore income taxes.)
Net income reported by the company was:
Since its organization on January 1, 2009, Langley Inc. failed to properly recognize accruals and prepayments. Selected accounts revealed the following information: Net income reported by the company was: Compute the corrected net income for the years 2009, 2010, and 2011. (Ignore income taxes.)
Compute the corrected net income for the years 2009, 2010, and 2011. (Ignore income taxes.)

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