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(a) Your answer is correct. Calculate the revenues, expenses, net income that would be reported on the cash basis. (Enter loss amounts using either a
(a) Your answer is correct. Calculate the revenues, expenses, net income that would be reported on the cash basis. (Enter loss amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Revenues Expenses $ $ Net Income / (Loss) $ eTextbook and Media Attempts: 3 of 3 (b) Calculate the revenues, expenses, net income that would be reported on the accrual basis. (Enter loss amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) eTextbook and Media
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