E3-18 (Cash to Accrual) Jill Accardo, M.D., uses cash basis. During 2014,-100% CORRECT SOLUTION

E3-18 (Cash to Accrual) Jill Accardo, M.D., uses cash basis. During 2014, Accardo

collected $142,600 from her patients and paid $55,470 in expenses. At 1/1/14 and

12/31/14, other accounts were:

1/1/14

12/31/14

Accounts receivable

$9,250

$15,927

Unearned service revenue

2,840

4,111

Accrued expenses (L)

3,435

2,108

Prepaid expenses

1,917

3,232

Instructions: Convert to accrual basis.

E3-18 (Cash to Accrual) Jill Accardo, M.D., uses cash basis. During 2014,-100% CORRECT SOLUTION

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