Question: Please show all work whereever computation is needed. Thanks ..ooo T-Mobile 11:27 AM (* 73% uiz 1 1) Revenue is said to be earned when
..ooo T-Mobile 11:27 AM (* 73% uiz 1 1) Revenue is said to be earned when the business has: A) entered into an agreement with the customer about the goods or services to be delivered. B) passed a journal entry to record revenue. C) received cash from the customer before goods or services are delivered. D) delivered a good or service to the customer. 2) Two weeks earlier, a business had rendered services to one of its customers on account for which the payment was received today. Which of the following entries would be recorded if the company uses accrual basis accounting? B) Cash Service Rev 3) Which of the following entries would be recorded ifa company uses the cash basis method of accounting? Accounts Receiv B) D)
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