Shadow's Cleaning Service provides weekly cleaning services for $48 per week. In January, they collected payments from 57 customers for 3 months (12 weeks) of service each. For the month of February, they will recognize ________ of revenue under the cash basis, and ________ under the accrual basis.
A) $0; $10,944
B) $10,944; $10,944
C) $10,944; $32,832
D) $32,832; $10,944

Question

Quizplus · Accepted Answer

The Answer of Shadow's Cleaning Service provides weekly cleaning services for $48 per week. In January, they collected payments from 57 customers for 3 months (12 weeks) of service each. For the month of February, they will recognize ________ of revenue under the cash basis, and ________ under the accrual basis.
A) $0; $10,944
B) $10,944; $10,944
C) $10,944; $32,832
D) $32,832; $10,944

Shadow's Cleaning Service Provides Weekly Cleaning Services for $48 Per