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The following information relates to Saxa Company's operations:
Problem 1: What is Saxa Co.'s March revenue using a cash-basis accounting system?
A) $22,000
B) $23,200
C) $14,950
D) $15,575
Problem 2: What is Saxa Co.'s March revenue using an accrual-basis accounting system?
A) $13,250
B) $1,950
C) $6,250
D) $3,250
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