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Purchased airline tickets for 250 in december for a trip to

Question - La More Company had the following transactions during 2011:

Sales of $4500 on account

Collected $2000 for services to be performed in 2012

Paid $1375 cash in salaries for 2011

Purchased airline tickets for $250 in December for a trip to take place in 2012

What is La More's 2011 net income using accrual accounting?

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Accounting Basics: Purchased airline tickets for 250 in december for a trip to

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Accounting Basics: Purchased airline tickets for 250 in december for a trip to

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