Sunland care corporation had the following selected transaction in September. Calculate revenue for the month of September using the accrual basis of accounting

1) Collected $200 cash from customers for service performed in August 

2) Collected $525 cash from customers for service performed in September. 

3) Billed customers $620 for services performed in September. 

4) Performed $80 of services to customers who paid in advance in August. 

5) Received $80 from customers in advance for services to be performed in October.

Answer rating: 100% (QA)

To calculate the revenue for the month of September using the accrual basis of accounting we need to ... View the full answer