1. Accrual Based Accounting: Deferred (unearned) revenues. Suppose that on March 11^th, 2017 a customer pays Not So Strong, Ltd. $800 in cash in advance for 8 personal training sessions (valued at $100 each). 3 of these sessions were provided to the customer in March and the remaining 5 sessions were provided to the customer in April. Assume that Not So Strong has a monthly accounting period and that all adjustments and adjusting entries are made only at the end of each month (i.e. no adjusting entry for revenue has been made yet).
   1. Record the original journal entry Not So Strong, Ltd. would make on March 11^th, 2017 upon receipt of cash from the customer.
   2. Record the adjusting entry Not So Strong, Ltd. should record on March 31^stto recognize service revenue from services provided in March.
   3. Using accrual basisaccounting, how much revenue would Not So Strong recognize in March? In April? Assume there were no other transactions?
2. 4. If Not So Strong, Lt instead had used cash basisaccounting, how much revenue would they recognize in March? In April? Assume there were no other transactions.