Determine the companys net earnings on an accrual basis

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Your examination of the records of a company that follows the cash basis of accounting tells you that the company's reported cash-basis earnings in 2022 are $31,500. If this firm had followed accrual-basis accounting practices, it would have reported the following year-end balances.

                                                 2022                      2021

Accounts receivable                      $3,200                  $2,800

Supplies on hand                             1,620                  1,800

Unpaid wages owed                          2,380                  2,370

Other unpaid expenses                      1,320                   1,090

Question 1: Determine the company's net earnings on an accrual basis for 2022.

Question 2: Net earnings on an accrual basis for 2022....??

Reference no: EM132460563

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