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Wang Company had the following transactions during 2021:
-Sales of $10,800 on account
-Collected $4,800 for services to be performed in 2022
-Paid $2,600 cash in salaries for 2021
-Purchased airline tickets for $600 in December for a trip to take place in 2022
What is Wang's 2021 net income using accrual accounting?
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A learning process in which the strength of a behavior is modified by the behavior's consequences, such as reward or punishment.
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A legal defense strategy in which the defendant claims they were incapable of understanding the nature or wrongfulness of their actions due to mental illness at the time of the crime.
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