From the following 2011 calculate the amount of revenue that should be reported on the 2011 income statement
Jan.1 2011 Dec.31,2011
Unearned revenue 18000 20000
Accrued revenue 26000 30000
Cash collected during the year for revenue, 400,000
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From the following 2011 calculate the amount of revenue that should be reported on the 2011 income statement
Jan.1 2011 Dec.31,2011
Unearned revenue 18000 20000
Accrued revenue 26000 30000
Cash collected during the year for revenue, 400,000
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