Question: iz #1 Help Save & Exit S The following data are taken from the cash-basis accounting records of Myerson Company for the year ended December
iz #1 Help Save & Exit S The following data are taken from the cash-basis accounting records of Myerson Company for the year ended December 31, 2021 Selected Date as of December 31, 2021 Customers billed in 2021 for services provided Cash collections in 2021 for accounts billed in 2020 Cash collections in 2021 for accounts billed in 2021 Cash paid for supplies purchased in 2021 Supplies remaining at the end of 2021 Cash paid for salaries in 2021 Cash paid for annual rent on March 1, 2021 $420,000 21,000 230,000 16.000 2,100 13.000 26,000 Calculate the amount of revenues and expenses for 2021 under accrual basis accounting (Round your final answers to the nearest whole dollar.) Accrual basis revenues Accrual basis expenses
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