Question: explain TB Ex Qu. 3-215 For each transaction below, calculate... For each transaction below, calculate the amount of revenue to be recognized in the current
explain
TB Ex Qu. 3-215 For each transaction below, calculate... For each transaction below, calculate the amount of revenue to be recognized in the current period using accrual basis accounting a. Performed $23,000 of services during the month and received full cash payment from customers at the time of service, Revenue to be recognised b. Performed $9,500 of services during the month and billed customers. Customers are expected to pay next month. Revenue to be recognized c. Received $11,000 cash from customers for services to be provided next month. Revenue to be recognized
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