Read each scenario, decide whether the company is using Cash basis or Accrual basis, and then enter your answer to the question. The Orange Lily Law Firm prepays for advertising in the local newspaper. On January 1, the law firm paid $440 for six months of advertising Orange Lily Law Firm recorded 5440 in the Prepaid Advertising account. Orange Lity Law Firm had carded their expenses using the other method, how much adverting expense would they have recorded for the two months anding Firbnuary 287 Enter this value as a positive number Secure 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. As of the end of the year, Secure Home has collected $1,250 from cash-paying customers. Secure Home's remaining customers owe the business $790. Secure Home recorded $1,290 of service revenue for the year. Sewe Hime had recorded the service revenue using the other method, few mach serve revenue would they have recorded for the year Marvelous Occasions received 5150 for services to be performed for the next 8 months on March 31 and recorded this transaction 6000 Marvelous Occasions received $150 for services to be performed for the news & months on March 31 and recanted this transaction wsing the Unearned Revenue ac If Marveus Occasions had recorded their servies reving the other method, how much service they hav Sweet Catering completed the following selected transactions during May 201 May 1 Prepaid rent for three months, $1,300 May 5 Received and paid electricity bill, $230 May Received cash for meals served to customers $2,490 May 14 Paid cash for kitchen equipment, $3,360 May 23 Served a banquet on account, $2,240 May 31 Made the adjusting entry for rent from May 1). May 21. Accrust salary expense, 33.430 +May 31 Recorded depreciation for May on kitchen equipment, $560 Canning recorded transactions Long the Cash meth bow much me pee would they have and forth Sweet Cag hadded at using the Accrual meshot fwthuchome desid would they have rested for the month of May than it with parentheses or negative sig 6000