On October 1, a company received $17725 cash as a down payment on a consulting contract....
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On October 1, a company received $17725 cash as a down payment on a consulting contract. The amount was credited to Unearned Consulting Revenue. by the year-end, 20% of the services required by the contract were completed. What will be the amount the company record as a consulting revenue from this contract at year-end? Note: Avoid using the $ or ','. If your answer is $10,000. write it as 10000 Note: Round to the neares 2 decimal places, where applicable. On October 1, a company received $17725 cash as a down payment on a consulting contract. The amount was credited to Unearned Consulting Revenue. by the year-end, 20% of the services required by the contract were completed. What will be the amount the company record as a consulting revenue from this contract at year-end? Note: Avoid using the $ or ','. If your answer is $10,000. write it as 10000 Note: Round to the neares 2 decimal places, where applicable.
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Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1260305838
16th Canadian edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
Posted Date:
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