metorship Google Chrome activity/5/1/1 Purple Tulip Law Firm prepays for advertising in the local newspaper, On January 1, the law firm paid $3,750 for six months of advertising. Cash Basis Accrual Cash Payment Expenses Recorded Total Expenses Recorded Seashore Home provides house-sitting for people while they are away on vacation. Some of its customers pay immediately after the job is finished. Some customers ask that the business send them a bill. On December 31, Seashore Home has collected $800 from cash-paying customers. Seashore Home's remaining customers owe the business $1,100 Cash Basis Accrual Basis Cash received Revenue Recorded Total Revenue Recorded arch O