Sarah Allen, M.D., maintains the accounting records of Allen Clinic on a cash basis. During 2020, Dr. Allen collected $139,238 from her patients and paid $50,962 in expenses. At January 1, 2020, and December 31, 2020, she had accounts receivable, unearned service revenue, accrued expenses, and prepaid expenses as follows. (All long-lived assets are rented.)

		January 1, 2020		December 31, 2020
Accounts receivable		$8,855		$15,690
Unearned service revenue		2,561		4,131
Accrued expenses		3,259		2,243
Prepaid expenses		2,067		3,003

Prepare a schedule that converts Dr. Allens "excess of cash collected over cash disbursed" for the year 2020 to net income on an accrual basis for the year 2020.

SARAH ALLEN, M.D. Conversion of Cash Basis to Accrual Basis For the Year 2020
select an item Excess of cash collected over cash disbursedIncrease in accrued expensesIncrease in accounts receivableDecrease in accounts receivableDecrease in accrued expensesIncrease in unearned service revenueDecrease in unearned service revenueDecrease in prepaid expensesIncrease in prepaid expensesNet income on an accrual basis		$enter a dollar amount
select between addition and deduction AddLess: select an item Decrease in unearned service revenueDecrease in accrued expensesIncrease in accrued expensesNet income on an accrual basisDecrease in prepaid expensesIncrease in accounts receivableDecrease in accounts receivableIncrease in unearned service revenueIncrease in prepaid expensesExcess of cash collected over cash disbursed		enter a dollar amount
select between addition and deduction AddLess: select an item Increase in prepaid expensesDecrease in accounts receivableDecrease in accrued expensesDecrease in unearned service revenueDecrease in prepaid expensesNet income on an accrual basisIncrease in accrued expensesExcess of cash collected over cash disbursedIncrease in accounts receivableIncrease in unearned service revenue		enter a dollar amount
select between addition and deduction AddLess: select an item Decrease in prepaid expensesNet income on an accrual basisIncrease in accrued expensesDecrease in accrued expensesExcess of cash collected over cash disbursedIncrease in accounts receivableIncrease in unearned service revenueDecrease in unearned service revenueDecrease in accounts receivableIncrease in prepaid expenses		enter a dollar amount
select between addition and deduction AddLess: select an item Increase in prepaid expensesIncrease in accounts receivableIncrease in accrued expensesDecrease in accounts receivableIncrease in unearned service revenueDecrease in unearned service revenueExcess of cash collected over cash disbursedDecrease in prepaid expensesDecrease in accrued expensesNet income on an accrual basis		enter a dollar amount
select an item Increase in accounts receivableDecrease in accounts receivableIncrease in prepaid expensesDecrease in unearned service revenueNet income on an accrual basisIncrease in unearned service revenueDecrease in accrued expensesDecrease in prepaid expensesExcess of cash collected over cash disbursedIncrease in accrued expenses		$enter a dollar amount

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