Personal possession of currency is prohibited in u. s. prisons, although, in practice, prisoners still exchange goods and services. u. s. prisoners used cigarettes as a medium of exchange until smoking was banned in u. s. prisons in 2003. after 2003, prisoners looked to other items on the commissary menu to facilitate exchange. in 2008, the wall street journal reported that energy bars had caught on as money in some u. s. prisons. one important difference between using energy bars and using dollars as money is

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period.calculate accrual net income for the year.