Business, 24.10.2019 02:00, ChessieGiacalone

The net income of steinbach & sons, a landscaping company, decreased sharply during 2016. mort steinbach, owner and manager of the company, anticipates the need for a bank loan in 2017. late in 2016 steinback instructs the company's accountant to record $20,000 service revenue for landscape services for the steinbach family, even though the services will not performed until january 2017. steinbach also tells the accountant not to make the following december 31, 2016 adjusting entries:

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The net income of steinbach & sons, a landscaping company, decreased sharply during 2016. mort...