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15. Pizza Company received $10,000 in cash franchise fees based on weekly sales. $8,000 of the...

15. Pizza Company received $10,000 in cash franchise fees based on weekly sales. $8,000 of the amount was due from franchise sales recorded in the previous month and recorded as accounts receivable and the remainder is from sales from the current month. What is the cash revenue and accrual revenue?

a. Cash Revenue is $10,000 and accrual revenue is $10,000 during the current month

b. Cash Revenue is $10,000 and accrual revenue is $8,000 during the current month

c. Cash Revenue is $10,000 and accrual revenue is $2,000 during the current month

d. Cash Revenue is $8,000 and accrual revenue is $8,000 during the current month

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