Camp Consulting Services started business on January 1, 2015. Camp performed services for customers totaling $100,000 of which 40% remain uncollected at the end of December. Under the accrual basis, what amounts would appear on Camp Consulting's financial statements for 2015?

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The Answer of Camp Consulting Services started business on January 1, 2015. Camp performed services for customers totaling $100,000 of which 40% remain uncollected at the end of December. Under the accrual basis, what amounts would appear on Camp Consulting's financial statements for 2015?

Camp Consulting Services Started Business on January 1, 2015