Question: The ABC Co . delivered $ 5 , 0 0 0 worth of window washing services in 2 0 2 4 but only collected $
The ABC Co delivered $ worth of window washing services in but only collected $ in cash from customers this year. Its only expense is payroll, for which it paid $ in At the end of the year, it had $ in unpaid payroll. What would its net income be under accrual accounting?
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