[lei_yam]

Cash receipts from customers is 152,000 in 2005
Cash payments for operating expenses were 97,000
jan.01 accounts receivable was 13,000 and prepaid expenses was 17,500
dec.31 account receivable was 18,600 and prepaid expenses was 23,200.
What is the service revenue and operating expenses?
Please help me!

[MLSNC]

Revenue = 157,600 (Subtract last yrs. a/r and add the current yr)

Expenses = 91,300 (add last yrs prepaid and deduct current yr)

Always check the math

[lei_yam]

Thank you so much...