BACC 152 Financial Accounting 1 S18 Week 7 Homework Due June 26 North campus Last Name: First Name: Anka and Banka are twins who own a seafood restaurant in Tobermory. Anka wants to see how much profit they made using cash accounting while Banka uses accrual accounting. Given the following information pls complete the template below to show them the difference between the two for March. The restaurant generated $45,000 in revenues but only received $30,000. They bought $14,000 from suppliers but only paid 60% now. Salaries and wages were $13,000 but only half of them were paid . Utilities expense was $600 and was paid in full Maintenance expense was $200 but it was prepaid in February Marketing expense was $450 fully paid Rent was $6,000 and all of it was paid. . Anka's Cash accounting Banka's Accrual accounting Revenue Expenses: Cost of food sold Salaries and wages Utilities Maintenance Marketing Rent Net Profit or (loss)