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undefined Previous Page Next Page Page 39 of 42 Question 39 (1 point) 5 Listen Atlantic Corporation provides Internet marketing services. During the current year.

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Previous Page Next Page Page 39 of 42 Question 39 (1 point) 5 Listen Atlantic Corporation provides Internet marketing services. During the current year. Atlantic bills its customers $650,000 and collects $590.000 of its billings. Atlantic incurs $250,000 in expenses on account, paying $215,000 in cash during the year. a. What is Atlantic's income if it uses the cash receipts and disbursements method of account? b. What is Atlantic's income if it uses the accrual method of accounting? Page 39 of 42 Previous Page Next Page EN TO FB - 8

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