Leonetta's Leather Store reported revenue of $375,000 in its cash based income statement for the year ended December 31,2014.Additional information from the books:
What would Leonetta's revenue be under the accrual basis of accounting?

Question

Leonetta's Leather Store reported revenue of $375,000 in its cash based income statement for the year ended December 31,2014.Additional information from the books:
  What would Leonetta's revenue be under the accrual basis of accounting?

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The Answer of Leonetta's Leather Store reported revenue of $375,000 in its cash based income statement for the year ended December 31,2014.Additional information from the books:
  What would Leonetta's revenue be under the accrual basis of accounting?

Leonetta's Leather Store Reported Revenue of $375,000 in Its Cash