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On November 1, 2018, Taylor signed a one-year contract to provide handyman services on an as-needed basis to King Associates, with the contract to start immediately. King agreed to pay Taylor $5,400 for the one-year period. Taylor is confident that King will pay that amount, but payment is not scheduled to occur until 2019. Taylor should recognize revenue in 2018 in the amount of:_______.

a. $900
b. $2,700
c. $0
d. $5,400

1 Answer

3 votes
So if a have1,2018+5,400= 2,700
User Undreren
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