1. Revenue recognition - accrual basis vs. cash basis: Ring The Bells, Inc. provides doorbell repair services to customers. The accountant for Ring The Bells noted the following events which took place during April, 2018: On April 1st, provided services worth $1,000 to customers. Customers paid $200 in cash on April 1st, the remaining $800 will be collected in May. On April 6th, received $440 in cash in advance from customers for services which will be provided on May 13th, 2018. On April 20%, provided $915 worth of services to customers on account. Cash payment for these services will not be collected until May. On April 24th, Ring the Bells collected $360 in cash from customers for services that had already been provided on account in March, 2018. a. Using cash-basis accounting, how much revenue would Ring the Bells record for April 2018? Briefly explain or show how you got your answer. b. Using accrual-basis accounting, how much revenue would Ring the Bells record for April 2018? Briefly explain or show how you got your