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+--- Thread: conversion from cash basis to accrued basis (/thread-conversion-from-cash-basis-to-accrued-basis)
conversion from cash basis to accrued basis - bbmak - 02-21-2007
I have problem doing conversion from cash basis to accrued basis.
My instructor told me to do a T account
For example
Income Statement
Service Revenue 900,000
Operating Expense 670,000
Balance Sheet
AR Beg-$100,000 End-$120,000
AP(op exp) Beg-$60,000 End-$70,000
I need to converse these # back to cash basis to do the statement of cash flow.
Are there any website teach you how to do the conversion??? I really need help