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Your examination of the records of a company that follows the cash basis of accounting tells you that the company's reported cash-basis earnings in 2017
Your examination of the records of a company that follows the cash basis of accounting tells you that the company's reported cash-basis earnings in 2017 are $35.400. If this firm had followed accrual basis accounting practices, it would have reported the following year-end balances Accounts receivable Supplies on hand Unpaid wages owed Other unpaid expenses 2017 2016 $3,900 $2.900 1.460 1.850 2,140 2.680 1.710 1.380 Determine the company's net earnings on an accrubasis for 2017. Net earnings on an accrual basis for 2017 S
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