cash basis or accrual basis of accounting

For each of the accounting transactions below, determine if the company is using the cash basis or accrual basis of accounting. Accrual Lenny's Tree Service receives $100 in January for services it performed in December. The $100 was recorded in the company's books for January as Service revenue. Accrual Baker Art Studio sells a painting on October 25. The customer makes a payment of $500 to Baker on November 16. Baker records the sale on November 16 after receiving the customer's payment. Cash The Cullman Coffee Company sells coffee and tea to retail customers. During the month of April, sales for Cullman Coffee Company totaled $9,285.40, of which $2,950.00 were made on account to a restaurant chain. The April income statement for Cullman Coffee shows sales of $9,285.40. Cullman Coffee shows sales of $9,285.40. Cash