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BACK NEXT MESSAGE MY INSTRLOTOR FULL SCREEN PRINTER VERSION CALCILATOR Exercise 3-19 Wayne Rogers Corp. maintalins its financial records on the cash basls of accounting.
BACK NEXT MESSAGE MY INSTRLOTOR FULL SCREEN PRINTER VERSION CALCILATOR Exercise 3-19 Wayne Rogers Corp. maintalins its financial records on the cash basls of accounting. Interested in securing a long-term loan from its regular bank, Wayne summarized data covering 2016, 2017, and 2018. Corp. requests you as its independent CPA to convert its cash-basis income statement data to the accrual basis. You are provided with the following 2016 2017 2018 Cash recelpts from sales $295,000 $160,000 $30,000 On 2016 sales On 2017 sales On 2018 sales Cash payments for expenses: On 2016 expenses On 2017 expenses 0 355,000 90,0 408,000 185,000 67,000 25,000 0,000160,000 55,000 628 PM to search TOSHIBA
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