Suppose you work summers house-sitting for people while they are


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Suppose you work summers house-sitting for people while they are away on vacation. Most of your customers pay you immediately after you finish a job. A few ask you to send them a bill. It is now June 30 and you have collected $600 from cash payingcustomers. Your remaining customers owe you $1,400. Requirements R1. How much service revenue would you have under the a.cash basis? b.accrual basis? R2. Which method of accounting provides more information about your housesitting business? pitsteele
posted a question ยท Jun 08, 2014 at 12:34pm

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