The following $5$ transactions occurred for Jackson Properties during March $2024.$ Identify the effect, if

any, that each of the transactions would have on Jackson$$s net income for March $2024$ under cash$-$basis

accounting and accrual$-$basis accounting. If there is no impact for a transaction, you can leave the cell

blank or put $$0.$ For an expense, please specifically use a negative $(-)$ sign or put the expense in

$($parentheses$/$brackets$).$

A$.$ Jackson prepaid $$1,800$ cash for $2$ months of rent.

B$.$ Jackson accepted $$1,200$ of advance payments from customers for services to be provided in

March and April. At the end of March, $$850$ of services were performed.

C$.$ Jackson billed customers for $$1,500$ services provided in March. Payment was received in June.

D$.$ Jackson purchased $$700$ of supplies on credit from Target. $$325$ dollars of supplies were used in

March.

E$.$ Jackson received, but did not pay, the March utility bill of $$225.$ Payment was made in April.

Transaction Cash$-$Basis Accounting Accrual$-$Basis Accounting

A$.$

B$.$

C$.$

D$.$

E$.$

Total Net Income or $($Loss$)$