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Read each scenario, decide whether the company is using Cash basis or Accrual basis, and then enter your answer to the question. The Johnny

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Read each scenario, decide whether the company is using Cash basis or Accrual basis, and then enter your answer to the question. The Johnny Flowers Law Firm prepays for advertising in the local newspaper. On January 1, the law firm paid $310 for six months of advertising. Johnny Flowers Law Firm recorded $310 in the Prepaid Advertising account. If Johnny Flowers Law Firm had recorded their expenses using the other method, how much advertising expense would they have recorded for the two months ending February 28? 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 $3,740 from cash-paying customers. Secure Home's remaining customers owe the business $2,760. Secure Home recorded $3,740 of service revenue for the year. If Secure Home had recorded their service revenue using the other method, how much service revenue would they have recorded for the year?

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