Question
Regency bills and receives rent payments from tenants for the following years: 2014 Rent Received 2015 Rent Received 2016 Rent Received 2014 Rent Billed $95,000
- Regency bills and receives rent payments from tenants for the following years:
|
| 2014 Rent Received | 2015 Rent Received | 2016 Rent Received |
| 2014 Rent Billed | $95,000 | $120,000 |
|
| 2015 Rent Billed |
| $200,000 | $75,000 |
| 2016 Rent Billed |
| $50,000 | $225,000 |
What is the accrualbased revenue for 2015?
| a | $275,000 |
| b | $320,000 |
| c | $370,000 |
| d | $200,000 |
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European Financial Reporting Adapting To A Changing World
Authors: J. Flower
2nd Edition
0333685180, 9780333685181
