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Pattib77
Feb 10, 2012, 09:16 AM
During the month of April, Simpson Co had cash receipts from customers of $170,000. Expenses totaled $156,000, and accrual basis net income was $42,000. There were no gains or losses during the month.

Question 1: Calculate the revenues for Simpson Co. For April.

pready
Feb 10, 2012, 05:41 PM
Just add your expenses to net income to get your revenues because
Reveneus - Expenses = Net Income