On May 20, Indy Landscapers received $3,000 cash in advance from one of its customers for lawn
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Question:
On May 20, Indy Landscapers received $3,000 cash in advance from one of its customers for lawn services it will provide in June. On June 4, Indy Landscapers provided the lawn services to its customer. What journal entries should the company make on May 20 and on June 4 to record these transactions? Show your calculations.
Related Book For
Financial Accounting
ISBN: 978-1259307959
4th edition
Authors: David Spiceland, Wayne Thomas, Don Herrmann
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