Camp Consulting Services started business on January 1, 2016 . Camp performed services for customers totaling $100,000 of which 40% remain uncollected at the end of December. Under the accrual basis, what amounts would appear on Camp Consulting's financial statements for 2016? Income Statement Statement of Cash Flows
a.
$100,000 $ 60,000
b.
$100,000 $100,000
c.
$ 60,000 $ 60,000
d.
$ 60,000 $100,000
a
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