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suppose your work summers mowign yards. most of your customer pay you immediately after their lawn is mowed, but a few customers ask you to
suppose your work summers mowign yards. most of your customer pay you immediately after their lawn is mowed, but a few customers ask you to bill them at the end of the month. It is now October 31, and you collected $900 from cash- paying customers for serv ices performed in October. Your remaining customers owe you $750 for services performed in October. How much service revenue would you record in October,according to accrual accounting? Service revenue: Accrual Accounting:
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