GreenLawn Co. provides landscaping services to clients. On May1, a customer paid GreenLawn $64,000 for 6-months services

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GreenLawn Co. provides landscaping services to clients. On May1, a customer paid GreenLawn $64,000 for 6-months services in advance. GreenLawn’s general journal entry to record this transaction will include a:

Multiple Choice

Debit to Unearned Revenue for $64,000.
Credit to Accounts Receivable for $64,000.
Credit to Cash for $64,000.
Credit to Unearned Revenue for $64,000.
Debit to Accounts Receivable for $64,000.

Related Book For answer-question

College Accounting Chapters 1-30

ISBN: 978-0077862398

14th edition

Authors: John Price, M. David Haddock, Michael Farina

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Posted Date: Apr 29, 2022 03:09 AM

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GreenLawn Co. provides landscaping services to clients. On May1, a customer paid GreenLawn $64,000 for 6-months services

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Entry Debit Cash 64... View the full answer

College Accounting Chapters 1-30

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