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Return to Blackbo Kimmel, Financial Accounting, 9e Help System Announcements e: 03:15 PM / Remaining: 16 min. Multiple Choice
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Answer #1
Sales revenue 6660
Less: Salaries paid for 2021 2780
Net income under accrual accounting 3880
Option A $3880 is correct
Cash collected for services to be performed in 2022 and airline tickets purchased will be recognized in 2022
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