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Question content area top Part 1 Stress minus FreeStress Free provides house - sitting for people while they are away on vacation. Some of its
Question content area top
Part
Stress minus FreeStressFree
provides housesitting 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. As of the end of the year,
Stress minus FreeStressFree
has collected
$ $
from cashpaying customers.
Stress minus FreeStressFrees
remaining customers owe the business
$ comma $
How much service revenue would
Stress minus FreeStressFree
have for the year under the
a cash basis?
b accrual basis?
Question content area bottom
Part
a
Under the cash basis, StressFree will record service revenue for the year in the amount of
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