E3-18 (Cash to Accrual) Corinne Dunbar, DDS, uses cash basis-100% CORRECT SOLUTION FROM ACCOUNTING PROFESSIONAL
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E3-18 (Cash to Accrual) Corinne Dunbar, DDS, uses cash basis. During 2014, Dunbar
collected $142,600 from her patients and paid $60,470 in expenses. At 1/1/14 and
12/31/14, other accounts were:
1/1/14
12/31/14
Accounts receivable
$11,250
$15,927
Unearned service revenue
2,840
4,111
Accrued expenses
3,435
2,108
Prepaid expenses
1,917
3,232
Convert to accrual basis.
9 years ago
E3-18 (Cash to Accrual) Corinne Dunbar, DDS, uses cash basis.
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- dunbar-_accrual_basis_int_actg.xlsx