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Salem Home provides house-sitting for people while they are away on vacation. Some of its customers pay immediately after the job is finished has collected

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Salem Home provides house-sitting for people while they are away on vacation. Some of its customers pay immediately after the job is finished has collected $500 from cash-paying customers. Salem Home's remaining customers owe the business $1,200. How much service revenue would Salem Home have for the year under the a. cash basis? b. accrual basis? a. Under the cash basis, Salern Home will record service revenue for the year in the amount of b. Under the accrual basis, Salem Home will record service revenue for the year in the amount of 500

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