Examine the following transactions and identify those that create revenues for Jade Services, a company owned by
Question:
a. Mia Jade invests $38,250 cash in the company.
b. The company provided $1,350 of services on credit.
c. The company provided services to a client and immediately received $1,575 cash.
d. The company received $9,150 cash from a client in payment for services to be provided next year.
e. The company received $4,500 cash from a client in partial payment of an account receivable.
f. The company borrowed $150,000 cash from the bank by signing a promissory note.
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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