Suppose you started up your own landscaping business. A costumer paid you $170 in advance...
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Accounting
Suppose you started up your own landscaping business. A costumer paid you $170 in advance to mow his or her lawn while he or she was on vacation. You performed landscaping services for a local business, but the buusiness hasn't paid you the $440 fee yet. A customer pays you $215 cash for landscaping services. Answer the following questions about the correct way to account for your revenue under accural-basis accounting:
1. Name the accounts used to record these events.
2. Prepare the journal entries to record the three transactions.
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