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Given the Data Below for a Firm in Its First

Question 45

Multiple Choice

Given the data below for a firm in its first year of operation, determine net income under the accrual basis of accounting. Given the data below for a firm in its first year of operation, determine net income under the accrual basis of accounting. A) $19,000 B) $28,000 C) $21,000 D) $12,000


A) $19,000
B) $28,000
C) $21,000
D) $12,000

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