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Convert earnings from cash to accrual basis. (LO 1,2,3), AP ait 2017 2016 E4-4. Accounts receivable $3,400 $2,800 Supplies on hand Unpaid wages owed Other
Convert earnings from cash to accrual basis. (LO 1,2,3), AP ait 2017 2016 E4-4. Accounts receivable $3,400 $2,800 Supplies on hand Unpaid wages owed Other unpaid expenses 1,400 1,100 reported cash-basis earnings in 2017 are company that follows the cash basis of accounting tells you that the company's Your examination of the records of a 1,460 1,300 2,400 2,000 basis accounting practices, it would have reported the following year-end balances. Instructions Determine the company's net earnings on an accrual basis for 2017. Show all your calculations in an orderly fashion. $33,640. If this firm had followed accrual- h-basis and ac of operations, ras on accour t f rom cust t op
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