Question
La More Company had the following transactions during 2013. Sales of $4,500 on account Collected $2,000 for services to be performed in 2014 Paid $1,325
La More Company had the following transactions during 2013. Sales of $4,500 on account Collected $2,000 for services to be performed in 2014 Paid $1,325 cash in salaries Purchased airline tickets for $250 in December for a trip to take place in 2014
What is La Mores 2013 net income using cash basis accounting?
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Financial Accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
8th edition
978-1118953907, 9781118953808, 1118953908, 1118953800, 978-1119491057
