Question: Fees for services provided are billed to a customer during 2009. The customer remits the amount owed in 2010. During which year would the revenues

Fees for services provided are billed to a customer during 2009. The customer remits the amount owed in 2010. During which year would the revenues be reported on the income statement under
(a) The cash basis?
(b) The accrual basis?

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