Question: If Ken Auto Shop earned $ 1 , 0 0 0 from Wood Trucking Company in the repair of its truck, and Wood has not

If Ken Auto Shop earned $

1, 000

from Wood Trucking Company in the repair of its truck, and Wood has not yet paid for the services, where would Ken Auto Shop reflect this?Multiple ChoiceStatement of Retained Earnings only.Statement of cash flows only.Income statement and statement of financial position.Statement of financial position only.

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