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. On December 31, Secure Home has collected $800 from cash-paying customers. Secure Home's remaining customers owe the business $1,600. Cash received Revenue Recorded Total Revenue Recorded December 31 December 31 Cash Basis 800 December 31 800 December 31 Accrual Basis Splendid Occasions received $2,800 for services to be performed for the next 8 months on March 31. Cash Basis Accrual Basis Cash received Revenue Recorded Total Revenue Recorded 800 1600 2400