During June, Grass is Greener Company mows 100 lawns a week and is paid in July by those customers.  The company uses accrual basis accounting.  How will these events affect the company’s financial statements? Group of answer choices A. The income statement shows the effects of the transactions in July. B. The balance sheet shows no effect from the transactions in June. C. The transactions have no effect on the balance sheet. D. The income statement shows the effects of the transactions in June.

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