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11/23/20

[Answer] Crue Company had the following transactions during 2015: Sales of $4 800 on account Collected $2 000 for services to be performed in 2016 Paid $1 625 cash in salaries Purchased airline tickets for $250 in December for a trip to take place in 2016 What is Crue's 2015 net income using accrual accounting?

Answer: $3 175




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Crue Company had the following transactions during 2015: Sales of $4 800 on account Collected $2 000 for services to be performed in 2016 Paid $1 625 cash in salaries Purchased airline tickets for $250 in December for a trip to take place in 2016 What is Crue's 2015 net income using accrual accounting? Crue Company had the following transactions during 2013: • Sales of $4 500 on account • Collected $2 000 for services to be performed in 2014 • Paid $1 625 cash in salaries • Purchased airline tickets for $250 in DEC for a trip to take place in 2014 What is Crue's 2013 net income using accrual accounting ? Crue Company had the following transactions during 2015 : Sales of $4 800 on account Collected $2 000 for services to be performed in 2016 Paid $1 625 cash in salaries Purchased airline tickets for $2...


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