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Come Home, Co. provides fitness training to customers.On February 5 th , the firm provided $2,100 worth of services to customers who had pre-paid cash
Come Home, Co. provides fitness training to customers.On February 5th, the firm provided $2,100 worth of services to customers who had pre-paid cash in January for these services.On February 17th, the firm received $1,600 in cash from customers on their accounts receivable.On February 28th, the firm received $1,000 in cash from customers for services to be provided in March.Using accrual-basis accounting, how much revenue should this firm recognize for the month of February?
a.$4,700
b.$1,000
c.$3,100
d.$2,100
e.$3,700
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