Question: On September 9, Clearmore Services receives a request for services from a customer. The service is scheduled for September 15. On September 15, the service
On September 9, Clearmore Services receives a request for services from a customer. The service is scheduled for September 15. On September 15, the service is provided, and the customer pays one week later on September 22. Using cash-basis accounting, on which date should Clearmore Services record an increase in accounts receivable?
Multiple Choice
September 9 (date of service request).
September 15 (date of service).
September 22 (date of cash receipt).
None of the choices are correct.
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