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Activity 1a - Identifying Differences between Cash and Accrual Basis Read each scenario and fill in the Cash basis/Accrual basis table. Blue Nile Law Firm prepays for advertising in the local newspaper. On January 1, the law firm paid $3,450 for six months of advertising. Safe 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, Safe Home has collected $800 from cash-paying customers. Safe Home's remaining customers owe the business $1,500. Splendid Occasions received $3,600 for services to be performed for the next 8 months on March 31