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Sign Out He Homework: Chapter 3 Exercises Save 41 of 15 (2 complete) core: 0 of 1 pt Hw Score: 13.33%, 2 of 15 pts

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Sign Out He Homework: Chapter 3 Exercises Save 41 of 15 (2 complete) core: 0 of 1 pt Hw Score: 13.33%, 2 of 15 pts Question Help T13-1 (similar to) eamed, the business received $133,000 in cash. The remaining amount, $22,000, was still owed during the year. As of December 31, $11,000 of the expenses still needed to be paid in Total Paint Services eamed $155,000 of service revenue during 2018. Of the $155,000 by customers as of December 31. In addition. Total Paint Services incurred $75,000 of expenses d addition, Total Paint Services prepaid $3,000 cash in December 2018 for expenses incurred during the next year 2. Determine the amount of service revenue and expenses for 2018 using an accual basis accounting system 1. Determine the amount of service revenue and expenses for 2018 using a cash basis accounting system torrect: 0 Cash basis Expenses Service revenue Check Answer Clear All Enter any number in the edit fields and then click Check Answer 207 A part

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