Question: please solve this fast Question # 8-3 Points cr. Inoone summeny Savor Co. had $100,000 in accrual basis pretax income for the year. At year-end,
please solve this fast
Question # 8-3 Points cr. Inoone summeny Savor Co. had $100,000 in accrual basis pretax income for the year. At year-end, accounts receivable had increased by $10,000 and lecounts payable had decreases by $6,000 from their prior year-end balances. Under the cash basis of accounting, what amount of pretax income should Savor report for the year
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