Example6: Mahmood is a dentist and keeps his record on cash basis. During 2020 Mahmood collected $100,000 from his patients, and paid expenses of $40,000. Additional information was as follow: Account receivable Prepaid rent Accrued expenses Unearned service revenue Accumulated depreciation Additional information: 31/12/2019 $11,000 12,000 13,000 14,000 15,000 31/12/2020 $10,000 20,000 11,000 22,000 30,000 Accounts receivable of $5,000 was written off during 2020. Instructions: 1- Revenue and collected are: $... 2- Expenses and paid are: $..... 3- Revenue are: $........ 4- Expenses are: $....... 40,0w Co Example6: Mahmood is a dentist and keeps his record on cash basis. During 2020 Mahmood collected $100,000 from his patients, and paid expenses of $40,000. Additional information was as follow: Account receivable Prepaid rent Accrued expenses Unearned service revenue Accumulated depreciation Additional information: 31/12/2019 $11,000 12,000 13,000 14,000 15,000 31/12/2020 $10,000 20,000 11,000 22,000 30,000 Accounts receivable of $5,000 was written off during 2020. Instructions: 1- Revenue and collected are: $... 2- Expenses and paid are: $..... 3- Revenue are: $........ 4- Expenses are: $....... 40,0w Co