question archive The following events pertain to Bills Company:December 28, 2018Bills was contacted by a customer for possible accounting and tax services
The following events pertain to Bills Company:December 28, 2018Bills was contacted by a customer for possible accounting and tax services
Subject:AccountingPrice: Bought3
The following events pertain to Bills Company:December 28, 2018Bills was contacted by a customer for possible accounting and tax services.December 30, 2018Bills signed a formal agreement with the customer to provideaccounting and tax services in 2019.January 4, 2019The customer paid $1,000 in advance for the services to be provided by Bills Company.January 11, 2019Bills provided accounting and tax services to the customer.Using cash-basis accounting, on which date should Bills Company record revenue for the accounting and tax services?
