Question: Longfellow Company performed services in July for a specific customer, for a fee of $8,380. Payment was received the following August. (a) Was the revenue

Longfellow Company performed services in July for a specific customer, for a fee of $8,380. Payment was received the following August.
(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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