Question: Practice Question 09 In 2017, Costello Company performs work for a customer and bils the customer $10,000; it also pays expenses of $3,000. The customer

 Practice Question 09 In 2017, Costello Company performs work for a

Practice Question 09 In 2017, Costello Company performs work for a customer and bils the customer $10,000; it also pays expenses of $3,000. The customer pays Costello in 2018. I Costello uses the accrual-basis of accounting, then Costello will report O revenue of $10,0002018. revenue of $10,000 in 2017 O net income of $7,000 in 2018. O expenses of $3,000 in 2018. Click if you would like to Show Work for this question: Open Show Work dy

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