Bramble Company had the following transactions during 2022: • Sales of $4600 on account • Collected $2100 for services to be performed in 2023 • Paid $1600 cash in salaries • Purchased airline tickets for $260 in December for a trip to take place in 2023 What is Bramble's 2022 net income using accrual accounting-basis? ○ $2740. $4840. ○ $5100. ○ $3000.
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- TCL Company had the following transactions during 2021 1. Sales of $4,500 on account 2. Collected P2,000 for services to be performed in 2022 3. Paid P625 cash in salaries 4. Purchased airline tickets for $250 in December for a trip to take place in 2022 What is TCL's 2021 net income using accrual accounting? What is TCL's net income using cash basis accounting?i need the answer quickly7
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