Purrfect Pets, Inc. provides animal daycare for $31 per day. Customers buy three month packages, which provide 15 days of care per month. In January, they received cash payments from 13 customers. For the month of February, they will recognize ________ of revenue under the cash basis, and ________ of revenue under the accrual basis.
A) $0; $403
B) $6,045; $6,045
C) $403; $403
D) $0; $6,045
Correct Answer:
Verified
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