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Jimmy's Jelly Company reported revenue of $250,000 in its accrual based income statement for the year ended December 31, 2022. Additional information from the books:
Jimmy's Jelly Company reported revenue of $250,000 in its accrual based income statement for the year ended December 31, 2022. Additional information from the books: Accounts receivable December 31, 2021 $75,000 Accounts receivable December 31, 2022 80,000 Uncollectible accounts written off during 2022 3,000 What would Jimmy's Jelly Company's revenue be under the cash basis of accounting
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