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TNT Inc charges $185 per month for a storage unit. In the first quarter of the year, they collected $9.065. Ten customers pre -paid for
TNT Inc charges $185 per month for a storage unit. In the first quarter of the year, they collected $9.065. Ten customers pre -paid for three months rental in January, seven customers pre -paid for two months renta in February, and five customers paid for one month in March. Using the cash basis of accounting,. TNT will recognizein revenue for January and using the accrual basis. ??, $9,065, $5,550 O B. $1,850, $5,550 OC. $5,550, $1,850 O D. $5,550, $9,065
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