Question
Ayayai Corp. had the following transactions during 2024: Sales of $10150 on account .Collected $4510 for services to be performed in 2025 Paid $2440
Ayayai Corp. had the following transactions during 2024: Sales of $10150 on account .Collected $4510 for services to be performed in 2025 Paid $2440 cash in salaries for 2024 Purchased airline tickets for $560 in December for a trip to take place in 2025 What is Ayayai's 2024 net income using accrual accounting? O $8270 O $12220 O $12780 O $7710
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th edition
470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144
