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Question 3 of 4 07 1.5 III View Policies Show Attempt History Current Attempt in Progress X your answer is incorrect. Your examination of the
Question 3 of 4 07 1.5 III View Policies Show Attempt History Current Attempt in Progress X your answer is incorrect. Your examination of the records of a company that follows the cash basis of accounting tells you that the company's reported cash- basis earnings in 2022 are $36,100. If this firm had followed accrual-basis accounting practices, it would have reported the following year-end balances. 2022 2021 Accounts receivable $3,200 $2,000 1,390 1.820 Supplies on hand Unpaid wages owed 2,400 2,410 Other unpaid expenses 1,440 1,250 Determine the company's net earnings on an accrual basis for 2022
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