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Ch. 2 n operating a service company with an initial cash investment by shareholders of $3,618,000. The company provided $8,000,000 of services in June and
Ch. 2 n operating a service company with an initial cash investment by shareholders of $3,618,000. The company provided $8,000,000 of services in June and received full payment in July Royal also incurred expenses of $2,774,000 in June that were During June, Royal paid its shareholders cash dividends of $490,000. What was the company's income before income taxes for the two months ended July 31 under the following methods of accounting? crual Basi 023855a $5,226,e00 b $8,844,000 c. $8,000,000 d. $8,800,000 $4,736,00e $5,226,000 $4,736,88e Multiple Choice Option a ^
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