Jane went to an event center to pay for the following: Tent permit ($40), Cleaning deposit...

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Jane went to an event center to pay for the following: Tent permit ($40), Cleaning deposit ($300) which is refundable after the tent area is clean, the event center health inspection fee ($120) and the water drain and electricity connections and dismantle after the event ($300). Explain what the differences would be if cash or accrual accounting is used to account for the situation(use matching principle and demonstrate with numbers each accounting treatment). Jane went to an event center to pay for the following: Tent permit ($40), Cleaning deposit ($300) which is refundable after the tent area is clean, the event center health inspection fee ($120) and the water drain and electricity connections and dismantle after the event ($300). Explain what the differences would be if cash or accrual accounting is used to account for the situation(use matching principle and demonstrate with numbers each accounting treatment).