Acompany has the following accrual-basis balances at the end of its first year of operation: un-earned consulting fees $ 2,000, consulting fees receivable 3,500, consulting fee revenue 25,000. the company’s cash-basis consulting revenue is what amount?
a. $30,500.
b. $19,500.
c. $26,500.
d. $23,500.
Answers: 3
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Blake edwards has done some research and has discovered that economists believe interest rates will rise significantly over the next two years. blake believes that this will lead to fewer homes being sold and fewer jobs in the banking and mortgage industries. this is an example of influencing jobs in the future.
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Acompany has the following accrual-basis balances at the end of its first year of operation: un-ear...
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