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The records for Kiley Company showed the following for 2017: Jan. 1 Dec. 31 Unearned revenue $1,270 $2,210 Accrued revenue 1,370 920 Cash collected during
The records for Kiley Company showed the following for 2017:
| Jan. 1 | Dec. 31 | ||||
| Unearned revenue | $1,270 | $2,210 | |||
| Accrued revenue | 1,370 | 920 |
Cash collected during the year from customers, $63,580 Calculate the amount of revenue that should be reported on the income statement.
| Amount of revenue:___________ |
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New Markets Tax Credit IRS Audit Technique Guide
Authors: Internal Revenue Service
1st Edition
1304112896, 978-1304112897
