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Current Attempt in Progress Matthew Young, M.D., keeps his accounting records on a cash...

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Accounting

Current Attempt in Progress
Matthew Young, M.D., keeps his accounting records on a cash basis. In 2026, Dr. Young collected $400000 from his patients. At
December 31,2025, Dr. Young had accounts receivable of $40000. At December 31,2026, Dr. Young had accounts receivable of
$68000 and unearned revenue of $10500. On the accrual basis, what was Dr. Young's patient service revenue for 2026?
$417500
$438500
$360000
$428000
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