Waterway Company had the following transactions during 2018: Sales of $4600 on account Collected $2200 for services to be performed in 2019 Paid $1600 cash in salaries Purchased airline tickets for $230 in December for a trip to take place in 2019 What is Waterway’s 2018 net income using accrual accounting-basis after accrual?
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Waterway Company had the following transactions during 2018: Sales of $4600 on account Collected $22...
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