Hillson Company began operations on January 1, 2011, and appropriately uses the installment method of accounting. The following data are available for 2011 and 2012:
The realized gross profit for 2012 is
Definitions:
Lewis Structure
A graphical representation of the electron distribution around atoms and the chemical bonds that hold the atoms together.
Water
A transparent, tasteless, odorless, and nearly colorless chemical substance, which is the main constituent of Earth's hydrosphere and the fluids of most living organisms.
Lewis Structure
A diagram that shows the bonding between atoms of a molecule and the lone pairs of electrons that may exist in the molecule.
Ethane
A colorless, odorless gas that is a hydrocarbon of the alkane series, used as a fuel and in chemical synthesis.
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