Heavenly Honey,Inc.reported revenue of $250,000 in its accrual based income statement for the year ended December 31,2014.Additional information from the books:
What would Heavenly Honey's revenue be under the cash basis of accounting?

Question

Heavenly Honey,Inc.reported revenue of $250,000 in its accrual based income statement for the year ended December 31,2014.Additional information from the books:
  What would Heavenly Honey's revenue be under the cash basis of accounting?

Quizplus · Accepted Answer

The Answer of Heavenly Honey,Inc.reported revenue of $250,000 in its accrual based income statement for the year ended December 31,2014.Additional information from the books:
  What would Heavenly Honey's revenue be under the cash basis of accounting?