An individual has a consulting business called GreatProfits and a part-time farming business called GreenVeggies....
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Accounting
An individual has a consulting business called GreatProfits and a parttime farming business called GreenVeggies. Both businesses use the accrual basis of accounting not the cash basis They had the following items of income and expenses: GreatProfits had revenues of $ in GreatProfits accrued salaries of $ as of December GreatProfits accrued $ in employee bonuses as of December GreatProfits accrued salaries were all paid on January GreatProfits accrued bonuses were all paid on September GreatProfits received an invoice for landscaping for $ on November It paid half of it on December and half on January GreenVeggies had revenues of $ and operating expenses of $How much net business income from the two businesses would the individual include in their net income for D E None of these
An individual has a consulting business called GreatProfits and a parttime farming business called GreenVeggies. Both businesses use the accrual basis of accounting not the cash basis They had the following items of income and expenses: GreatProfits had revenues of $ in GreatProfits accrued salaries of $ as of December GreatProfits accrued $ in employee bonuses as of December GreatProfits accrued salaries were all paid on January GreatProfits accrued bonuses were all paid on September GreatProfits received an invoice for landscaping for $ on November It paid half of it on December and half on January GreenVeggies had revenues of $ and operating expenses of $How much net business income from the two businesses would the individual include in their net income for D E None of these
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