Kim Andrews prepared the following income statement on a cash basis for Ed Sloan, M.D: Ed Sloan

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Kim Andrews prepared the following income statement on a cash basis for Ed Sloan, M.D:


Ed Sloan has requested information from Kim as to what his professional fees earned would be under the accrual-basis system of accounting. Kim has asked you to provide Dr. Sloan with this information, basing it on the following facts that Kim ignored in the original preparation of the financial report:

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Related Book For  book-img-for-question

College Accounting A Practical Approach

ISBN: 9780135222416

14th Canadian Edition

Authors: Jeffrey Slater, Debra Good

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