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Question 29 of 75 . Kaia uses an accrual method of accounting and a calendar...

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Accounting

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Question 29 of 75 . Kaia uses an accrual method of accounting and a calendar year. On December 30, 2022, she completed work for a client and submitted her bill. The client had no dispute with the work done or the amount of the bill. The client paid Kaia's bill in 2023.1 which year should she report the income from this project? She should report the income in 2022. She should report the income in 2023. She may choose to report the income in either 2022 or 2023. She should report half of the income in 2022 and half in 2023. Mark for follow up Fringe benefits may be provided to An employee or contractor in exchange for services performed. Employees, but only after a 90 -day probation period. Employees only. Contractors are not eligible for fringe benefits. Third-party vendors in exchange for business referrals. Mark for follow up

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