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Consider the Following Events for Betterment Incorporated:
January 1 \quad Betterment Purchases Gasoline For

Question 2

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Consider the following events for Betterment Incorporated:
January 1 \quad Betterment purchases gasoline for $200\$ 200 on account.
January 7 \quad Betterment advertises lawn mowing services for $100\$ 100 per lawn.
January 9 \quad Betterment signs January 8 \quad customers who pay a total of $800\$ 800 cash.
January 12 \quad Betterment mows the lawns of the 8 customers and all gasoline purchased on January 1 is used.
January 13 \quad Betterment pays for the gasoline purchased on January 1 .
Under accrual-basis accounting,what is the appropriate day to record the revenues related to lawn services?


A) January 1.
B) January 7.
C) January 9.
D) January 12.

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