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During the month of april macon co had cash receipts from

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During the month of April, Macon Co. had cash receipts from customers of $85,000. Expenses totaled $78,000 and accural basis net income was $21,000. There were no gains or losses during the month

a. Calculate the revenues for Macon Co. for April
b. Explain why cash receipts from customers can be different from revenues

Reference no: EM13600731

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