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Can you also explain how? The following data are taken from the cash-basis accounting records of Myerson Company for the year ended December 31, 2015:

image text in transcribedCan you also explain how?

The following data are taken from the cash-basis accounting records of Myerson Company for the year ended December 31, 2015: Calculate the amount of revenues and expenses for 2015 under accrual-basis accounting. (Round your final answers to the nearest whole dollar.)

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