Read each scenario, decide whether the company is using Cash basis or Accrual basis, and then enter your answers to the questions. The Johnny Flowers Law Firm prepays for advertising in the local newspaper, On January 1, the law firm paid $1.020 for six months of advertising Johnny Flowers Law Firm recorded $3,020 in the Prepaid Advertising account. johnny Howers Law Firm had recorded their expenses using the other method, how much advertising expense would they have recorded for the two months ending February 287 Enter this value as a positive number 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 As of the end of the year, Safe Home has collected $1,380 from cash-paying customers. Safe Home's remaining customers owe the business 620 Safe Home recorded 51,380 of service revenue for the year if Safe Home had recorded their service revenue using the other method, how much service revere would they have recorded for the year Splendid Occasions received 51.680 for service rformed for the next 10 months on July 31 and recorded this transaction using the Unearned Revenue a I Splendid Occasions had recorded their service revenue using the other method, how much service revenge would they have recorded for the year? Sweet Catering completed the following selected transactions during May 2016: . May 5: Received and paid electricity bill, 5160 . May : Received cash for meals served to customers, 51,180 May 23: Served a banquet on account, $2.500 Sweet Catering completed the following selected transactions during May 2016 May 5: Received and paid electricity bill, 5160 May 9: Received cash for meals served to customers, 51,180 May 23: Served a banquet on account, $2.500 . May 31: Accrued salary expense, 52,050 . May 31: Recorded prepaid insurance expired, 5300 If Sweet Catering had recorded transactions using the Cash method, how much net income doss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign If Sweet Catering had recorded transactions using the Accrual method, how much net income doss) would they have recorded for the month of May? If there is a loss, enterit with parentheses or a negative sin