ABC Inc. entered into an agreement with a customer on April 1 to provide accounting services...
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ABC Inc. entered into an agreement with a customer on April 1 to provide accounting services starting immediately. ABC Inc. charges $900 a month for these services, and the customer agrees to pay ABC Inc. on the 1st of each month for the past month's work, starting May 1. What adjusting journal entry is required by ABC Inc. on April 30? O Dr. Cash 900; Cr. Service Revenue 900 O Dr. Cash 900; Cr. Accounts Receivable 900 O Dr. Accounts Receivable 900; Cr. Cash 900 O Dr. Accounts Receivable 900; Cr. Service Revenue 900 ABC Inc. entered into an agreement with a customer on April 1 to provide accounting services starting immediately. ABC Inc. charges $900 a month for these services, and the customer agrees to pay ABC Inc. on the 1st of each month for the past month's work, starting May 1. What adjusting journal entry is required by ABC Inc. on April 30? O Dr. Cash 900; Cr. Service Revenue 900 O Dr. Cash 900; Cr. Accounts Receivable 900 O Dr. Accounts Receivable 900; Cr. Cash 900 O Dr. Accounts Receivable 900; Cr. Service Revenue 900
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Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date:
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