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A company using the cash basis of accounting reports net income for 2022 of $45460. If the company had used the accrual basis of accounting

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A company using the cash basis of accounting reports net income for 2022 of $45460. If the company had used the accrual basis of accounting it would have reported the following year end balances 2022 2021 Accounts receivable Supplies Salaries and wages payable Other unpaid amounts $4.004 $5,304 1.812 2.028 3744 2.340 2496 2,184 egative sin preceding the number -45 or Determine the company's net income under the accrual basis of accounting Use the column headings shown below. an amount reduces Net Income then enter using either a parentheses (451) Explanation Amount Cash basis net income in accounts receivable would be included in cash basis net income, but not in supplies would not be included in cash basis net income in salaries payable would be deducted in accrual basis net income in other unpaid amounts would be deducted in accrual basis net income Accrual basis net income

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