This topic is way clear, i have request can you please make it simulation where they directly tell you like "Ward, a consultant, keeps her accounting records on a cash basis. During Year 2, Ward collected $200,000 in fees from clients. At December 31, Year 1, Ward had accounts receivable of $40,000. At December 31, Year 2, Ward had accounts receivable of $60,000, and unearned fees of $5,000. On an accrual basis, what was Ward's service revenue for Year 2? A. $215,000 B. $175,000 C. $180,000 D. $225,000
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This makes this topic so much clearer; thank you!
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This topic is way clear, i have request can you please make it simulation where they directly tell you like "Ward, a consultant, keeps her accounting records on a cash basis. During Year 2, Ward collected $200,000 in fees from clients. At December 31, Year 1, Ward had accounts receivable of $40,000. At December 31, Year 2, Ward had accounts receivable of $60,000, and unearned fees of $5,000. On an accrual basis, what was Ward's service revenue for Year 2?
A.
$215,000
B.
$175,000
C.
$180,000
D.
$225,000
I like this technique. Really helpful!!
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Thank you!
You're welcome!
You're welcome! Thank you and please visit the website for more farhatlectures.com/ Start your free trial!
Contact me for more:
LinkedIn: www.linkedin.com/in/professorfarhat.
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