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Business, 17.02.2020 20:49 goodkida7

A company provided $1,500 of services to customers during the month of May. The customers paid in June. What would the impact of these transactions be during May on each of the following three items?
Cash balance - no effect
cash basis net income - no effect
accrual-basis net income - increase T/F

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A company provided $1,500 of services to customers during the month of May. The customers paid in Ju...
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