1. Revenue recognition accrual basis vs. cash basis: Ring The Bells, Inc. provides doorbell repair services to customers. The accountant for Ring The Bells noted the following events which took place during April, 2018:

• On April 3^rd, Ring the Bells received $815 in cash from customers for services that had already been provided on account in March 2018.
• On April 8^th, provided services worth $750 to customers. Customers paid $750 in cash for these services on April 8^th.
• On April 16^th, received $610 in cash in advance from customers for services which will be provided on May 4^th, 2018.
• On April 25^th, provided $1,065 worth of services to customers on account. Cash payment for these services will not be collected from customers until May.
  1. Using cash-basis accounting, how much revenue would Ring the Bells record for April 2018? Briefly explain or show how you got your answer.
  2. Using accrual-basis accounting, how much revenue would Ring the Bells record for April 2018? Briefly explain or show how you got your answer.