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Business, 15.11.2019 06:31 michaelhal414

Pat's custom tuxedo shop maintains its records on the cash basis. during this past year pat's collected $43,300 in tailoring fees, and paid $12,300 in expenses. depreciation expense totaled $2,500. accounts receivable increased $1,050, supplies increased $4,300, and accrued liabilities increased $2,350. pat's accrual-basis net income was:

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