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At the end of 2017, the accounting records of Trite Company showed the following data: 2017 2018 2019 Service revenue: Cash $35,000 $55,000 On credit

At the end of 2017, the accounting records of Trite Company showed the following data:

2017

2018

2019

Service revenue:

Cash

$35,000

$55,000

On credit

28,000

17,000

2019 revenue collected in advance of 2019 (not

Included in the $55,000)

5,000

Additional cash collections for:

2017 service revenue

8,000

4,000

2018 service revenue

6,000

$2,000

Expenses:

Paid in cash

22,000

32,000

On credit

3,000

9,000

2019 expenses paid in advance of 2019 (not

Included in the $32,000)

5,000

Additional cash payments for:

2017 expenses

2,000

1,000

2018 expenses

4,000

4,000

Complete the following tabulation:

2017

2018

Service revenue that would be reported:

Accrual basis

$

$

Cash basis

$

$

Expenses that would be reported:

Accrual basis

$

$

Cash basis

$

$

Please show calculations here:

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