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What is la mores net income using accrual accounting

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Reference no: EM131679857

Question - La More Company had the following transactions during 2016:

  • Sales of $9,000 on account
  • Collected $4,000 for services to be performed in 2017
  • Paid $3,750 cash in salaries for 2016
  • Purchased airline tickets for $500 in December for a trip to take place in 2017

What is La More's 2016 net income using accrual accounting?

Reference no: EM131679857

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