Longfellow Company performed services in July for a specific customer, for a fee of $8,380. Payment was
Question:
(a) Was the revenue earned in July or August?
(b) What accounts should be debited and credited in
(1) July and
(2) August?
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a In this specific example the revenue is earned i...View the full answer
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Related Book For 
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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