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a During 2020. Baron News, Inceamed revenues of 300 milion Expensesed 50 million Bano collected but in the end od 50 milion Barron's top managers
a During 2020. Baron News, Inceamed revenues of 300 milion Expensesed 50 million Bano collected but in the end od 50 milion Barron's top managers are eving the year and they ask you the following questions Under anal accounting what amount of should the company port for 20201 is the one and is the amount of cash actu colected Under accaccounting what amount of taxpense should Baron report for the year-5540 9500 ? C. Which financial statement reports and expenses? Which start reports cash receipts and cash payment? 2. Under accrual accounting what amount of revence should recompany report for 2007 is de 200 milion need of the mount of cash actually becer? The amount of revenue that should be reported for the years in the seven reception principle ways to record never when the been amount of revenue reported in what Barron Under actual accounting, what amount of total expense should Barron report for the year--5540 milion or 500 milion? The amount of total expense that should be reported for the year istionThe over matching expenses are care c. Which financial statement reports events and expenses? Which statement reports cash recepts and cash payments? The ports events and expenses The reports cash recepts and chants
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