John's Shoe Store reported revenue of $375,000 in its cash basis income statement for the year ended December 31, 2018. Additional information from the books:
Accounts receivable December 31, 2017 $50,000
Accounts receivable December 31, 2018 75,000
Deposits on custom orders in 2018 10,000
What would John's Shoe Store's revenue be under the accrual basis of accounting?

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The Answer of John's Shoe Store reported revenue of $375,000 in its cash basis income statement for the year ended December 31, 2018. Additional information from the books:
Accounts receivable December 31, 2017 $50,000
Accounts receivable December 31, 2018 75,000
Deposits on custom orders in 2018 10,000
What would John's Shoe Store's revenue be under the accrual basis of accounting?

John's Shoe Store Reported Revenue of $375,000 in Its Cash