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This is the answer, just want to see the work to get it 11) Sinker Ball Dynamics, Inc. shows the following information in its records:
This is the answer, just want to see the work to get it
11) Sinker Ball Dynamics, Inc. shows the following information in its records: $ As of December 31 Accounts receivable Deferred revenue Prepaid operating expenses Accrued liabilities 2018 8,000 $ 1,500 9,800 7,800 2019 6,500 6,000 4,000 5,200 For the year ended Cash receipts from customers Cash paid for operating expenses 2020 $ 260,000 110,000 What is the accrual-based revenue that Sinker Ball Dynamics earned in the year ended December 31, 2019?. a. $257,000 b. $254,000 C. $263,000 d. $266,000Step by Step Solution
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