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Home Q & A Board Other Fields Homework Help Business Accounting
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rcline24 rcline24
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6 years ago
Dr. Flu uses the cash basis to keep his accounting records. During 2014, he collected $357,000 from clients. At December 31, 2013 he had accounts receivable of $104,000. At December 31, 2014 he had accounts receivable of $129,000 and unearned revenue of $35,000. What did Dr. Flu earn in service revenue for 2014 using the accrual basis of accounting?
A) $218,000
B) $297,000
C) $332,000
D) $347,000
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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Squash99Squash99
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6 years ago
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rcline24 Author
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#2
6 years ago
Thank you for helping me with my quiz
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#3
6 years ago
Perfect
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