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Moving to another question will save this poe Question 2 Taffy Inckestries collected $540,000 from customers in 2020 Of the amount colected, $79,200 was for
Moving to another question will save this poe Question 2 Taffy Inckestries collected $540,000 from customers in 2020 Of the amount colected, $79,200 was for services performed in 2019 In addition, Tuffy porormod services worth $6000 260 collected una 2021 Tally Industries also paid $325,000 for expenses in 2020. Of the amount paid $60,000 was for perses incuned on account in 2019 In addition, Taffy incumed $36.000 opens in 2020, which will b until 2021 Instructions: will retin an Using the table provided below, compute the revenue, expenses, and net income for the year 2020 under the following basis: cash basis and accal basis. Alles should include a dollar sign applicable, make sure to include a comma in your numbers. For example, your answers should be recorded in the following format: $10,000. Failure to recont your answers come incorrect answer Revenue Expenses Net Income Cash Basis Accrual Basis Masina to another question will save this resnansa hp
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