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Safe Home provides house - sitting for people while they are away on vacation. Some of its customers pay immediately after the job is finished.
Safe Home 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, Safe Home has collected $ from cashpaying customers. Safe Home's
remaining customers owe the business $ Safe Home recorded $ of service revenue for the
year.
If Safe Home had recorded their service revenue using the other method, how much service revenue
would they have recorded for the year?
Splendid Occasions received $ for services to be performed for the next months on March and
recorded this transaction using the Unearned Revenue account.
If Splendid Occasions had recorded their service revenue using the other method, how much service
revenue would they have recorded for the year?
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