During June, The Grass Is Greener Company mows 100 lawns a week and is paid in July by those customers. The company uses the accrual basis of accounting. Which of the statements below is correct? O a. The Balance Sheet shows no effect from the transactions in June. O b. The transactions have no effect on the Balance Sheet. O c. The Income Statement shows the effects of the transactions in July. Od. The Income Statement shows the effects of the transactions in June.

Juring June, The Grass Is mows 100 lawns a week and is paid in July by those customers. The company uses the accrual basis of accounting. Which of the statements below is correct? a. The Balance Sheet shows no effect from the transactions in June. b. The transactions have no effect on the Balance Sheet. c. The Income Statement shows the effects of the transactions in July. d. The Income Statement shows the effects of the transactions in June