Question
Revenue on the income statement was $146,300. Accounts receivable were $3,100 on January 1 and $3,690 on December 31. Unearned revenue was $1,100 on
Revenue on the income statement was $146,300. Accounts receivable were $3,100 on January 1 and $3,690 on December 31. Unearned revenue was $1,100 on January 1 and $1,500 on December 31. Calculate the revenue for the year on a cash basis.
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Modern Advanced Accounting In Canada
Authors: Hilton Murray, Herauf Darrell
7th Edition
1259066487, 978-1259066481
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