a company maintains its record using cash-basis accounting. during the year, the company received cash from customers $34000

Additional CMQ 2/9/17 steps to calculate net income under cash and accr This is an all or nothing assignment worth 10 point In order receive credit must show the n 2018. cash basis to full during received the the following information Brendan Company year, the company owe for During the year, customers A company maintains its records using cash-basis accounting. of the the year, company and paid for taxes, the beginning of At from customers, the end of the year, owes taxes of company By the year, the company the year. taxes of S3,500. At the end of for owes accrual-basis net income net income and Determine cash-basis