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 4th, Ring the Bells received $725 in cash from customers for services that had been provided in March, 2018 on account.

On April 11th, provided $280 worth of services to customers on account. Cash payment for these services will not be collected until May.

On April 21st, provided services worth $472 to customers, all of whom paid for these services in cash on April 21st.

On April 28th, received $806 in cash from customers for services which will be provided on May 8th, 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 answer.