Business, 27.01.2020 22:31 mtammy884

Guadalupe, inc. provided $5,000 of services in year 1 but did not collect cash from its customers until year 2. select the correct answer from the following options assuming guadalupe used accrual accounting. a. the company will recognize $5,000 of cash flow from operations in year 1 and $5,000 of revenue in year 2.b. the company will recognize $5,000 of revenue and $5,000 of cash flow from operations in year 1.c. the company will recognize $5,000 of revenue in year 1 and $5,000 of cash flow from operations in year 2.d. the company will recognize zero revenue in year 1 and $5,000 of cash flow from operations in year 2.

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