36 Impact on: Receive $1,500 from customers who were billed for services in (a) April. Provide $3,200 of consulting services to a local business. (b) Payment is not expected until June. Cash Balance Cash-Basis Accrual-Basis Net Income Net Income $ 1,500 $ 1,500 $ 0 0 0 Purchase office supplies for $400 on account. All supplies are (c) used by the end of May. 0 0 0 Pay $600 to workers. $400 is for work in May and $200 is for (d) work in April. (600) (200) (400) (e) Pay $200 to advertise in a local newspaper in May. (200) 0 (200) Totals 1,900 $ 2,800