question 28

Bill operates a proprietorship using the cash method of accounting, and this year he received the following $220 in cash from a customer for services rendered this year . a promise from a customer to pay $176 for services rendered this year . tickets to a football game worth $190 as payment for services performed last year a check for $194 for services rendered this year that Bill forgot to cash How much income should Bill realize on Schedulec? Multiple Choice O $220 O $396 O $410 How much income should Bal realize on Schedule C? Multiple Choice $220 $396 $410 $414 O $604