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For a recent period, Circuit City Stores reported accrued expenses and other current liabilities of $204,561,000. For the same period, Circuit City reported earnings of $528,758,000 before income taxes. If accrued expenses and other current liabilities had not been recorded, what would have been the earnings (loss) before income taxes?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M941645

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