Protect provides house-sitting for people while they are away on vacation. Some of its customers pay immediately after the job is finished. Some customers ask that the business send them a bill. As of the end of the year, Protect has collected $500 from cash paying customers. Protect's remaining customers owe the business $1,200.
How much service revenue would Protect have for the year under:
a. Cash Basis?
b. Accural Basis?
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