Solution-Show the computation of the amount of revenue

Show the computation of the amount of revenue

Reference no: EM132653473

Question - The records for Kiley Company showed the following for 2020:

	Jan. 1	Dec. 31
Unearned revenue	$1,100	$2,160
Accrued revenue	1,260	920

Cash collected during the year for revenue, $75,000.

Required - Show the computation of the amount of revenue that should be reported on the income statement.

Reference no: EM132653473

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Show the computation of the amount of revenue

Reference no: EM132653473

Reference no: EM132653473

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