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Calculate the revenue for the year on a cash basis

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Reference no: EM132082813

Question - Using the accrual basis revenue on the income statement was $121,730. Accounts receivable were $3,520 on January 1 and $3,600 on December 31. Unearned revenue was $1,050 on January 1 and $1,770 on December 31.

Calculate the revenue for the year on a cash basis.

Reference no: EM132082813

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