Do Millor keeps his accounting records on the cash basis for his medical services business....
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Accounting
Do Millor keeps his accounting records on the cash basis for his medical services business. During 2019, Dr Miller reported cash basis net income of $200.000 On December 31 2019 and 2018 he provides the following information December 31, 2019 December 31, 2018 Accounts receivable $40.000 $80,000 Unearned revenue $20,000 30.000 On the accrual basis how much was Dr. Miller's net income for 20192 DA 5240,000 1. $100,000 $170.000 OD 5250 000
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