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Help Save &Exit Molly's Auto Detailers maintains its records on the cash basis During 2018, Molly's collected $72,700 from customers and paid S19.200 in expenses

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Help Save &Exit Molly's Auto Detailers maintains its records on the cash basis During 2018, Molly's collected $72,700 from customers and paid S19.200 in expenses Depreciation expense of $3.300 would have been recorded on the accrual basis. Over the course of the year, accounts receivable increased $4,500 prepaid expenses decressed $1,000, and accrued lablitbies decreased $2.000 Molly's accrual basis net income was 2.23 lil Next > S0 2 5 9

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