Question: View Policies Current Attempt in Progress Sheffield Corp. had the following transactions during 2022. Sales of $10000 on account .Collected $3700 for services to be

View Policies Current Attempt in Progress Sheffield Corp. had the following

View Policies Current Attempt in Progress Sheffield Corp. had the following transactions during 2022. Sales of $10000 on account .Collected $3700 for services to be performed in 2023 Paid $2100 cash in salaries Purchased airline tickets for $600 in December for a trip to take place in 2023 What is Sheffield's 2022 net income using cash basis accounting? O $1600 O $11600 O $11000 O $1000

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