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HUIL Urlapiei Jd Save Score: 0 of 1 pt 1 of 10 ( complete) HW Score: 0%, 0 of 20 pt T13-2 (similar to Question

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HUIL Urlapiei Jd Save Score: 0 of 1 pt 1 of 10 ( complete) HW Score: 0%, 0 of 20 pt T13-2 (similar to Question Help Total Paint Services eamed 5110,000 of service revenue during 2018. Of the $110.000 eamed, the business received $78,000 in cash. The remaining amount, 532.000, was lowed by customers of December 31 In addition Total Paint Services incurred 568,000 of expenses during the year. As of December 31, 57,000 of the expenses still needed to be paid. In addition, Total Paint Services prepaid $3.000 cash in December 2018 for expenses incurred during the next year 1. Determine the amount of service revenue and expenses for 2018 using a cash basis accounting system 2. Determine the amount of service revenue and expenses for 2018 using an albasis accounting system 1. Determine the amount of service revenue and expenses for 2018 using a cash basis accounting witem. Cash basis Service revenue Expenses

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