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Business, 01.10.2019 04:00 tremainecrump1466
In december 2019, swanstrom inc. receives a cash payment of $3,500 for services performed in december 2019 and a cash payment for $4,500 for services to be performed in january 2020. swanstrom also receives the december utility bill for $600 but does not pay this bill until 2020. for december 2019, under the accrual basis of accounting, swanstrom would recognize:
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In december 2019, swanstrom inc. receives a cash payment of $3,500 for services performed in decembe...
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