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eBook Prin 2 Mar 0.00 out of 100 Rag Question Accrual Accounting Evan Corporation provided consulting services for Kensington Company in 2018. Evan incurred costs

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eBook Prin 2 Mar 0.00 out of 100 Rag Question Accrual Accounting Evan Corporation provided consulting services for Kensington Company in 2018. Evan incurred costs of $60,000 associated with the consulting and billed Kensington 5190,000. Evan paid $40,000 of its costs in 2018 and the remaining $20,000 in 2019. Evan received 545,000 of its billing in 2018. Kensington paid the remaining $85.000 in 2019. Evan reports on the accrual basis of accounting How much is Evan's 2018 and 2019 profit related to the Kensington consulting 2018 5 40,000 20195 85.000 X x Check

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