Question: Exercise 3-18 Your answer is partially correct. Try again. Jill Accardo, M.D., maintains the accounting December 31, 2017, she had accounts records of Accardo Clinic
Exercise 3-18 Your answer is partially correct. Try again. Jill Accardo, M.D., maintains the accounting December 31, 2017, she had accounts records of Accardo Clinic on a cash basis. During 2017, Dr. m her patients and paid $55,470 in expenses. At January 1, 2017, and ts receivable, unearned service revenue, accrued expenses, and un lived assets are rented.) prepaid expenses as follows. (All long-l Unearned service revenue Accrued expenses Prepaid expenses January 1, 2017 $9,250 2,840 3,435 1,917 December 31, 2017 $15,927 4,111 2,108 3,232 Prepare a schedule that converts Dr. Jill Accardo's "excess of cash collected over cash disbursed" for the year 2017 to net income on an accrual basis for the year 2017. JILL ACCARDO, M.D. Conversion of Cash Basis to Accrual Basis For the Year 2017 Excess of cash collected over cash disbursed hu nd :(18 Add Increase in accounts receivable End,ng A Decrease in unearned service revenue Less V. Increase in unearned service revenue 148,006 not corre Net income on an accrual basis Open Show Work Click if you would like to Show Work for this question: LINK TO TEXT Question Attempts: 2 of 3 used
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