Question
Revenue on the income statement was $141,000. Accounts receivable were $3,400 on January 1 and $3,560 on December 31. Unearned revenue was $1,200 on January
Revenue on the income statement was $141,000. Accounts receivable were $3,400 on January 1 and $3,560 on December 31. Unearned revenue was $1,200 on January 1 and $1,500 on December 31. Calculate the revenue for the year on a cash basis.
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Accounting And Auditing Research Tools And Strategies
Authors: Thomas R. Weirich, Thomas C. Pearson, Natalie Tatiana Churyk
10th Edition
1119698138, 9781119698135
