Question: please show work. thank you! For each transaction below, calculate the amount of revenue to be recognized in the current period using accrual-basis accounting: a.
please show work. thank you!
For each transaction below, calculate the amount of revenue to be recognized in the current period using accrual-basis accounting: a. Performed $27,000 of services during the month and received full cash payment from customers at the time of service. Revenue to be recognized b. Performed $9,000 of services during the month and billed customers. Customers are expected to pay next month. Revenue to be recognized c. Received $20,000 cash from customers for services to be provided next month. Revenue to be recognized
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