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During the month of April, Simpson Co had cash receipts from customers of $170,000. E
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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. Was I suppose to throw out...
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Cash received from customers
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Can anyone please help me with the fromula to figure out cash received from customers or fees earned. I am very new to accounting and have an assignment due that I need to work and I am stuck. I can't figure out the net income to solve other problems without the fees earned. Thanks! View more questions Search
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