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Do Millor keeps his accounting records on the cash basis for his medical services business. During 2019, Dr Miller reported cash basis net income of
Do Millor keeps his accounting records on the cash basis for his medical services business. During 2019, Dr Miller reported cash basis net income of $200.000 On December 31 2019 and 2018 he provides the following information December 31, 2019 December 31, 2018 Accounts receivable $40.000 $80,000 Unearned revenue $20,000 30.000 On the accrual basis how much was Dr. Miller's net income for 20192 DA 5240,000 1. $100,000 $170.000 OD 5250 000
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