During May, Sugar Inc. performs consulting services. The client does not pay Sugar until June.

Select one:

A$.$ Using the accrual basis of accounting, the revenue is reported in June.

B$.$ Using the cash basis of accounting, the revenue is reported in May.

C$.$ Using the accrual basis of accounting, the revenue is reported in May.

D$.$ Using the accrual basis of accounting, the revenue is reported when Sugar's expenses are paid.