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Given the Data Below for a Firm in Its First

Question 83

Multiple Choice

Given the data below for a firm in its first year of operation, determine net income under the cash basis of accounting. Given the data below for a firm in its first year of operation, determine net income under the cash basis of accounting. A) $22,000 B) $31,000 C) $24,000 D) $15,000


A) $22,000
B) $31,000
C) $24,000
D) $15,000

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