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The Following Events Pertain to Bills Company: Using Cash-Basis

Question 40

Multiple Choice

The following events pertain to Bills Company: The following events pertain to Bills Company:   Using cash-basis accounting, on which date should Bills Company record revenue for the accounting and tax services? A)  December 30, 2012. B)  December 31, 2012. C)  January 4, 2013. D)  January 11, 2013. Using cash-basis accounting, on which date should Bills Company record revenue for the accounting and tax services?


A) December 30, 2012.
B) December 31, 2012.
C) January 4, 2013.
D) January 11, 2013.

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