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March flower Company summarize its operations for the month of July as follows: 2 30 points A. Provided $8,200 of services on account. B. Received
March flower Company summarize its operations for the month of July as follows: 2 30 points A. Provided $8,200 of services on account. B. Received $3,200 cash from customers for services provided in July. C. Received $1.000 cash for services to be provided in August. D. Received $4.800 cash from customers on account for services provided in June. E. Paid June's warehouse rental bill on account in the amount of $1,500. F. Received July's warehouse rental bill of $1,400, set it aside to be recorded at a later date. 2 00:59:21 Required: a. Determine the net income for July using the cash basis of accounting. b. Determine the net income for July using the accrual basis of accounting Complete this question by entering your answers in the tabs below. Required A Required B Net Income (Required Required B > March flower Company summarize its operations for the month of July as follows: 2. 30 points A. Provided $8,200 of services on account. B. Received $3,200 cash from customers for services provided in July C. Received $1,000 cash for services to be provided in August D. Received $4,800 cash from customers on account for services provided in June. E Paid June's warehouse rental bill on account in the amount of $1,500. F. Received July's warehouse rental bill of $1,400; set it aside to be recorded at a later date, 8 00:59:10 Required: a. Determine the net income for July using the cash basis of accounting, b. Determine the net income for July using the accrual basis of accounting Complete this question by entering your answers in the tabs below. Required A Required B Not Income
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