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i need may 5-may 31 set up in the cash basis system and the accural system Big Day Catering completed the folowing selected transactions during
i need may 5-may 31 set up in the cash basis system and the accural system
Big Day Catering completed the folowing selected transactions during May 2024 : (1) (Click the icon to view the transactions.) Read the reguirements. Requirement 1. Show whether each transaction would be handied as a revenve or an expense using both the cash basis and accrual basis accounting systems by completing the table provided. (Expenses should be shown in parentheses.) Also indicate the dollar amount of the revenue or oxpense. The May 1 transaction has been completed as an example. (Enter " O " for any transactions that do not affect revenues or expenses.) More info Step by Step Solution
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