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Cash receipts versus revenues During the month of April, RileyCo. had cash receipts from customers of $780,000. Expenses totaled$624,000, and accrual basis net income was

Cash receipts versus revenues During the month of April, RileyCo. had cash receipts from customers of $780,000. Expenses totaled$624,000, and accrual basis net income was $218,000. There were nogai 2 answers

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