Question: Bramble Maintenance Corp has a $ 4 2 0 monthly contract with Crane Treat Inc for general maintenance services. Bramble invoices Crane on the first

Bramble Maintenance Corp has a $

420

monthly contract with Crane Treat Inc for general maintenance services. Bramble invoices Crane on the first of the month for services that it performed in the previous month. Crane must then pay for these services by the

10

th of the following month. Bramble has a November

30

year end and prepares adjusting entries monthly. Record journal entry required on December

1

when it involves Crane for services performed in November.

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