Acompany uses cash basis accounting. their income statement for the year shows sales of $600,000 and net operating income of $200,000. because similar companies report on an accrual basis, the business appraiser adjusts the statements to the accrual basis for comparison. he has accounts receivable of $120,000 and accounts payable of $40,000. based on this information, the adjusted statements show sales of:
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Business, 22.06.2019 08:00, leannaadrian
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Business, 22.06.2019 19:10, keenansimpkinsoy0oqc
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Acompany uses cash basis accounting. their income statement for the year shows sales of $600,000 and...
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